Anonymity-enhancing assets or unattributed transfers are barred outright, or barred for regulated firms.
What Georgia actually says
Across every jurisdiction surveyed for this section, institutional privacy oversight was either strengthening or holding steady. Georgia is the exception. Its independent data protection authority was liquidated in March 2026 and the function folded into the State Audit Office, which removes the separation that made the supervisor independent in the first place. On the financial side the picture is restrictive but conventional: providers have registered with the central bank since mid-2023, and using virtual assets for payment is barred by the organic law governing the central bank. Peer-to-peer trading with one's own funds stays outside the regime. We found no instrument addressing anonymity-enhancing assets either way.
The instruments that matter
- Data protection authority abolished 2 March 2026
- the independent Personal Data Protection Service was liquidated and its supervisory, inspection and complaint functions transferred to the State Audit Office
- Virtual asset payments prohibited
- under Article 39¹(2) of the Organic Law on the National Bank, except in cases the central bank defines as necessary to provide virtual asset services
- Provider registration since 1 July 2023
- under Governor's Decree N94/04 of 13 June 2023, imposing fit-and-proper, head office, systems and anti-money-laundering requirements on FATF lines
- Peer-to-peer left alone
- trading with one's own funds does not trigger registration
What this means for confidential transactions
Bubble is built for exactly this shape of obligation: amounts and balances live on chain as ciphertexts, computation happens without decryption, and the only disclosure path is an on-chain access list through which an authorized party - an auditor, a supervisor, a counterparty - can request scoped decryption. That is confidentiality from the public, not from the regulator.
Related entries
- SwitzerlandEurope · Crypto-friendly and strict on anonymity at once
- ThailandAsia-Pacific · Closed by whitelist, not by prohibition
- TurkeyEurope · Caps, delays and a compelled purpose description
- EU AMLR Article 79Europe · Anti-money laundering · Regulation (EU) 2024/1624
- EU Transfer of Funds RegulationEurope · Travel rule · Regulation (EU) 2023/1113
- NorwayEurope · MiCA via the EEA, with a privacy-innovation sandbox
Compliant by default.
See how selective disclosure satisfies a supervisor without publishing your book to the world.