A Crypto License in Tbilisi, Georgia is not merely a filing. Connect legal scope, ownership, management, AML controls, local capacity and working systems in one credible launch plan.
A Crypto License Georgia project begins by classifying the actual services, customers, countries, assets and transaction flows.
Build Crypto License Tbilisi substance through accountable governance, management presence, office capacity, staff and decision authority.
Connect Crypto License Georgia AML, sanctions, KYC/KYB and KYT policies to the real customer journey and system behaviour.
Prepare Crypto License Georgia evidence as one consistent application, system demonstration and post-registration control plan.
A Crypto License Georgia application must describe one business whose law, people, controls and technology agree.
Georgia’s fintech strategy aims to position the country as a regional hub for the Middle Corridor. For virtual-asset businesses, that innovation agenda sits alongside NBG registration, minimum capital, operational resilience, FATF-aligned controls and continuing supervision.
The NBG describes VASP activity as strictly regulated, with market-entry, AML/CFT, systems, governance, change-control and inspection requirements.
The applicable minimum depends on the registered services and must be maintained throughout operation. At least 75% must consist of primary capital.
The current fines framework imposes GEL 20,000 where a VASP operates contrary to the service scheme agreed with the NBG.
GEL 20,000 is not a maximum aggregate exposure. The framework also includes GEL 7,000 per missing inspection item, GEL 5,000 per unfulfilled written instruction and stablecoin-specific fines reaching GEL 50,000 per occurrence. The NBG has published a GEL 465,000 aggregate enforcement case against a registered VASP.
Our Tbilisi Crypto License team coordinates each dependency as one controlled project: define the regulated model, assign accountable owners, build the evidence, rehearse the system and keep post-registration duties in view from the start.
Law · AML · people · technology — one delivery plan.
Define the Crypto License Georgia services, customers, countries, ownership, counterparties, systems, risks and readiness gaps before major build costs are committed.
Create the Crypto License Tbilisi entity, governance, people, policies, flows, systems, providers, evidence and application in dependency order.
Operate the Crypto License Georgia business through NBG demonstrations, launch controls, reporting, change control and inspection readiness.
Scope, structure, governance, contracts and NBG engagement.
Risk, acceptance, screening, KYT, cases, reporting and quality assurance.
Fit-and-proper preparation, office, recruitment, competence and authority.
Architecture, providers, records, cyber, continuity and demonstration.
Which services are actually regulated when the real customer, asset, instruction and settlement flows are mapped?
Can every significant owner and UBO be identified and supported by credible reputation, solvency and source evidence?
Can each administrator explain the business, evidence competence and exercise genuine authority from Georgia?
Do the office, staff, systems, records and management presence show how the Georgian company really operates?
Do AML, sanctions, KYC/KYB and KYT controls match actual customers, counterparties and transaction behaviour?
Can the NBG inspect a functioning system, trace records and see how alerts, cases, decisions and reporting work?
Can management evidence each critical provider, its contractual role, oversight, data access, incidents and an operational fallback?
Do customer, volume and revenue assumptions fund credible management, compliance, technology, office and control capacity?
Are foreign records, translations and application statements controlled so that every annex describes the same operating model?
Can banks, custodians, liquidity venues and VASP counterparties test the ownership, flow and financial-crime narrative independently?
Will a new product, country, provider, administrator or system be assessed before it changes the registered operating baseline?
Can control owners retrieve a customer, transaction, alert, decision and management record without a last-minute document exercise?
The filing must connect statutory annexes, ownership, administrators, service-flow schemes, head office, electronic system, three-year plan and AML/CFT evidence.
Actual management from a Georgian head office, physical separation, NBG system access and 14-day monthly representative presence are the statutory floor—not a complete staffing model.
100% reserve backing at all times, segregation, defined redemption rights, GEL 500,000 minimum capital, monthly issuer reporting and prior NBG consent.
