Wednesday, July 24, 2024

Reply To: Obtaining a license for cryptocurrency exchange


When considering whether to apply for a license to exchange cryptocurrencies in Georgia, it’s essential to carefully review the relevant laws and regulations to ensure compliance. While there may not be a specific license required for cryptocurrency exchange activities, businesses should still adhere to AML and KYC regulations to mitigate risks and maintain transparency. Seeking legal advice and consulting with regulatory authorities can help clarify any requirements and ensure that businesses operate within the bounds of the law.