2023-9-30 17:11 |
The National Bank of Georgia (NGB) is developing the digital GEL and is searching for a suitable partner
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The Bitcoin mining company kicked off the second phase of its mining campus in Georgia, gearing up for the next Bitcoin halving.
The new facilities are expected to add just under 1 EH/s to Nasdaq-listed CleanSpark's hashrate.
The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay.
Georgia’s crypto mining economy has evolved into a global leader in recent years, largely because of low taxes and affordable electricity rates, as well as a libertarian regulatory environment.
While some U.S. states push bitcoin miners away, others seek ways to welcome and retain them.
Georgia has announced plans to launch the pilot program for its CBDC in 2022. The VP of the National Bank of Georgia has stated that the CBDC is not a cryptocurrency but merely “an evolution of cash”.