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National Bank Says EU-Sanctioned Georgia-Based Crypto Firms Not Under Its Regulation

By Civil.ge

The National Bank of Georgia (NBG) said that three Georgia-based crypto-related service platforms included in the EU’s latest sanctions package against Russia are not under its regulation. In a statement issued on July 24, the NBG identified the sanctioned companies as Aifory LLC, Abcex LLC, and Rapira Group LLC, stressing that “none of their areas …