{"id":41992,"date":"2021-05-06T09:59:26","date_gmt":"2021-05-06T06:59:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=41992"},"modified":"2025-08-30T21:15:59","modified_gmt":"2025-08-30T18:15:59","slug":"georgia-to-study-the-possibility-of-issuing-a-national-digital-currency","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/georgia-to-study-the-possibility-of-issuing-a-national-digital-currency\/","title":{"rendered":"Georgia to study the possibility of issuing a national digital currency"},"content":{"rendered":"

The National Bank of Georgia will consider issuing a digital lari. This is stated in the regulator’s public \u0437\u0430\u044f\u0432\u043b\u0435\u043d\u0438\u0438<\/a>.<\/p>\n

CBDC<\/a> will obtain the status of legal tender. The central bank expects the project to boost the efficiency of the domestic payment system and financial inclusion.<\/p>\n

The regulator called on technology, fintech firms and other financial institutions to collaborate on developing the digital Georgian lari. The regulator may create a regulatory ‘sandbox’ or testing environment for the CBDC project.<\/p>\n

The eventual solution should be easy to use, support the deployment of smart contracts and automated payments, including ‘automatic tax accounting and tax collection for simple transactions’, the regulator notes.<\/p>\n

The National Bank of Georgia emphasised the need for CBDC to comply with FATF directives on anti-money laundering and European data-protection rules, as well as the ability to collect statistics without de-anonymising users.<\/p>\n

Earlier, National Bank of Kazakhstan<\/a> also announced plans to issue a CBDC.<\/p>\n

Follow ForkLog News on Telegram: ForkLog Feed<\/a> \u2014 the full news feed, ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Bank of Georgia will consider issuing a digital lari.<\/p>\n","protected":false},"author":1,"featured_media":41993,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1095,809,389],"class_list":["post-41992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cbdc","tag-central-banks","tag-georgia"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=41992"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41992\/revisions"}],"predecessor-version":[{"id":41994,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41992\/revisions\/41994"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/41993"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=41992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=41992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=41992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}