The National Bank’s live VASP page and register are the authoritative starting point for checking whether a legal entity is registered in Georgia. Because registration, cancellation and published information can change, this page explains how to verify status without presenting a historical provider count as a permanent market fact.
Use the live NBG register, not a copied list
Provider counts and status can change. CryptoLicense.ge therefore does not maintain a permanent numerical claim or copied directory. Before entering a relationship, review the NBG’s current VASP page and register and retain a dated record of the verification performed.
Match the contracting legal entity
- Identify the exact Georgian legal entity in the customer terms and account-opening journey.
- Match its name and identification details to the current NBG record.
- Review the individual administrative act confirming registration where available.
- Check that the website, application, office or kiosk displays or makes that act easily available.
- Confirm that the brand, domain and service channel belong to the same entity.
- Repeat the check periodically and when a material concern or ownership change appears.
What registration tells you—and what it does not
Registration places the entity within the Georgian VASP framework, including entry requirements, administrator assessment, AML/CFT oversight, supervisory powers and continuing obligations. It does not replace commercial, custody, technology, contractual, financial or counterparty due diligence.
Why visible registration evidence matters
The NBG’s display requirement, effective 1 January 2026, is designed to help customers verify the legitimacy of providers through the channels where services are offered. An unregistered company, a cancelled company or a brand using another entity’s status should not be treated as equivalent to the legal person shown in the official record.
Public market examples require careful language
The NBG has published news about the launch of Bybit Georgia, illustrating that an international operator can establish a local presence. We cite the announcement only as public market information. CryptoLicense.ge does not present the company as a client or infer confidential facts about its review.
Counterparty due diligence goes further
A VASP dealing with another VASP should examine jurisdiction and status, owners, products, countries, sanctions exposure, Travel Rule readiness, custody, information security, incident history, response quality and the ability to provide required transfer information. Register status is one control input—not the whole relationship decision.
Legislation and regulatory materials
Our regulatory assessments and implementation work are based on the Georgian legislation and National Bank of Georgia materials below. Legal texts available in our legislation library open on CryptoLicense.ge; the official Matsne source is linked at the bottom of each legal-text page.