The National Bank of Georgia announced the next phase of its research into central bank digital currency on Sept. 28. Nine financial technology companies will participate in it.
that it will advance its research on a digital lari central bank digital currency in a limited-access live pilot environment.
Nine companies, including Ripple Labs, will take part in the project and one of them will be selected to move forward to the next stage of testing.in February, the NBG stated that it was considering a two-tier design for its CBDC, with wallets provided by a third party. It would be programmable and support asset tokenization.
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