The National Bank of Georgia (NBG) has passed new regulations allowing locally registered and licensed companies to issue fiat-pegged stablecoins. These stablecoins must be 100% backed by reserve assets and segregated from the issuer's own assets. Issuing institutions are required to register as Virtual Asset Service Providers (VASPs) and obtain regulatory approval, while undergoing regular independent audits. If reserve assets exceed 15 million GEL, the audit must be conducted by major firms such as Deloitte, PwC, EY, or KPMG. (Cryptopolitan) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57988