Georgia

hashbank

2026-10-05 08:56:44

hashbank rolls out mobile app combining banking services with Web3 asset functions

Licensed digital bank hashbank, part of W Group, has launched a mobile app that combines traditional banking services with Web3 features in one environment. The app lets users receive more than 150 digital assets from external wallets, convert them into fiat for spending, or send them to external blockchain addresses. hashbank said it received a full banking license from the National Bank of Georgia in 2023 and now serves about 60,000 customers across 73 countries. The bank also said it is the first licensed bank in the South Caucasus and Central Asia to offer this kind of integrated model inside a mobile banking app. W Group founder and president Volodymyr Nosov said the company’s task is to build infrastructure bridges linking the Web2 and Web3 worlds, and described hashbank as part of that strategy. The update was cited by Techub News, with CryptoPotato named as the source.

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Georgia

2026-09-03 12:50:09

Former aide to ex-Georgia PM sells Miami mansion tied to crypto embezzlement case

Techub, citing the New York Post, reported that Georgian Bitcoin investor Giorgi Bachiashvili sold his Miami mansion for $51.5 million in mid-August, with the property going under contract 11 days after listing. Bachiashvili previously served as an aide to former Georgian Prime Minister Bidzina Ivanishvili and was accused of misappropriating Ivanishvili’s crypto assets. According to the report, he was sentenced in absentia to 11 years in prison in March 2025 over the allegations. It also said he was abducted back to Georgia from Abu Dhabi in May, later released in February this year after a plea deal, and is currently missing. The home was bought in 2021 for $19 million while still unfinished, then completed with the help of South African design firm SAOTA. Located on Hibiscus Island, the property includes five bedrooms, a private cinema, a swimming pool, and two docks that can accommodate 105-foot yachts.

960

BTC Digital

2026-08-24 11:33:46

BTC Digital says 10MW Georgia crypto infrastructure project is completed

BTC Digital Ltd., a Nasdaq-listed company, said its 10MW cryptocurrency computing infrastructure project in Georgia, U.S., has been completed and is now moving into the deployment preparation stage, according to PRNewswire. The company said it expects to deploy high-performance mining machines within about two months and begin its digital asset mining business. The update covers the project’s construction status, location, capacity and the company’s expected timeline for bringing mining operations online. No additional operational or financial details were disclosed in the announcement cited by ChainCatcher.

1120

CleanSpark

2026-08-05 12:48:44

CleanSpark reports 586 BTC mined in July, details long-term lease deal

Bitcoin miner CleanSpark (CLSK) released its unaudited bitcoin mining and operations update for July 2026, according to PR Newswire. The company said it mined 586 BTC during the month, bringing its year-to-date production to 4,310 BTC. It also reported a peak operating hashrate of 50 EH/s and an average operating hashrate of 38.6 EH/s, with 230,507 deployed miners as of the end of July. On the power side, contracted capacity reached 1.8 GW, while actual usage stood at 808 MW. CleanSpark said its bitcoin holdings rose to 13,931 BTC by July 31, up slightly from 13,924 BTC at the end of June. During the month, it sold 229 BTC through spot transactions and 350 BTC through exercised call options at an average sale price of $66,133 per coin. The company also announced a 20-year triple-net lease agreement at its Sandersville, Georgia campus with a global investment-grade technology company, with two optional five-year extensions and an estimated total contract value of $6.6 billion over the initial term.

2120

Tether

2026-07-24 07:15:15

Tether and Georgia Launch Lari-Pegged Stablecoin GEL, with Regulation First

Tether partners with the Georgian government to issue GEL₮, a stablecoin backed 1:1 by the Georgian lari, under a pre-existing regulatory framework from the National Bank of Georgia, aiming for GENIUS Act compatibility.

770

Georgia

2026-07-24 04:00:16

Georgia Partners With Tether to Launch National Stablecoin GEL₮ Pegged to Lari

Georgia's government collaborates with Tether to introduce GEL₮, a stablecoin pegged to the Georgian Lari, aiming to boost payment efficiency and cross-border settlements. Tether CEO praises the country's clear digital asset regulations, highlighting smaller economies accelerating blockchain adoption.

830

TBC Georgia

2026-07-24 00:00:15

TBC Georgia Adds Crypto Trading to Its Banking App Through Bybit Partnership

TBC Georgia has launched crypto trading inside its banking app via a partnership with Bybit, allowing customers to access digital assets alongside existing financial products and investment services.

530

Tether

2026-07-23 23:45:17

Tether and Georgia Move Ahead With GELT, a Lari-Pegged Stablecoin

Tether and the Georgian government plan to launch GELT, a stablecoin pegged to the lari, under a new digital asset framework designed around reserve, redemption, and AML rules.

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