VASP License Georgia: What You Need to Know About Crypto Regulation in Georgia

When it comes to running a crypto business in VASP license Georgia, a regulatory requirement for businesses that provide virtual asset services like trading, custody, or exchange in Georgia. Also known as Virtual Asset Service Provider license, it’s the legal gateway to operate legally in one of the few countries actively welcoming crypto firms. Unlike places that ban crypto outright, Georgia has built a clear, business-friendly framework since 2020. If you’re thinking about launching a crypto exchange, wallet service, or token issuance platform there, this license isn’t optional—it’s your entry ticket.

Georgia’s approach stands out because it doesn’t treat crypto like a threat. Instead, it treats it like a service—just like banking or payment processing. The National Bank of Georgia, the country’s central financial regulator responsible for overseeing VASP licensing and crypto compliance. oversees the process, and the rules are straightforward: you need to prove you have proper KYC, AML controls, secure infrastructure, and a local legal entity. You don’t need to be based in Georgia, but you must register with the National Bank and appoint a local representative. This makes Georgia a popular spot for crypto startups looking to avoid the red tape of the EU or the uncertainty of the U.S.

Compare this to places like Egypt or Saudi Arabia, where crypto is either banned or in legal gray zones. Georgia’s system is transparent, predictable, and designed to attract real business—not just speculation. That’s why you’ll find crypto exchanges, mining operations, and blockchain developers setting up shop there. The crypto regulation Georgia, the official legal framework governing virtual asset service providers and digital asset transactions in Georgia. is updated regularly, but the core principles haven’t changed: transparency, accountability, and no arbitrary restrictions.

What does this mean for you? If you’re a trader, you can use licensed platforms in Georgia with more confidence. If you’re building a project, you have a clear path to compliance. And if you’re trying to avoid scams, knowing who holds a real VASP license helps you spot the fakes. The posts below cover everything from how Georgia’s rules stack up against Hong Kong’s strict 2025 ordinance, to how unlicensed exchanges like Slex Exchange operate in the shadows—and why that’s dangerous. You’ll also find real cases of crypto firms that succeeded—and failed—under Georgia’s system. No theory. No guesswork. Just what’s actually happening on the ground.