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TBILISI, May 16 (Reuters) - Georgia's central bank said on Thursday it had spent $60 million in reserves to support the lari after a surge in demand for foreign currency, its largest such intervention ...

Tether announced it will launch a cryptocurrency called GELT that's tied to the official currency of the country of Georgia. The company behind the USDT, a stablecoin that maintains a 1:1 value with ...

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Georgia’s central bank released stablecoin rules in March covering reserve backing, issuer documents and external auditor verification. Stablecoin issuer Tether and the government of Georgia plan to ...

TBILISI, Jan 26 (Reuters) - Georgian central bank chief Georgy Kadagidze said on Tuesday that the lari currency would stabilise in the near future and the bank would continue to tighten its monetary ...

A dramatic depreciation in the value of Georgia’s national currency – the lari – has sparked concerns about the health of Georgia’s economy, with consumers facing the possibility of rising commodity ...

TBILISI - Georgia's central bank said on Thursday it had spent $60 million in reserves to support the lari after a surge in demand for foreign currency, its largest such intervention since May 2021.