Crypto Exchanges with a VASP License in Georgia: Where to Safely Exchange Cryptocurrency

What Is a VASP License in Georgia and Why Does It Matter?

If you are looking for a crypto exchange in Georgia, you have probably come across the term VASP. Simply put, it refers to a Virtual Asset Service Provider operating under the regulatory framework of the National Bank of Georgia (NBG). Companies providing regulated virtual asset services are required to register with the National Bank of Georgia.

If you are planning to exchange cryptocurrency, it is worth making sure that the service you choose is registered with the National Bank of Georgia and authorized to provide the relevant services.

Why Check VASP Registration?

First and foremost, it helps you know who you are dealing with. The National Bank of Georgia does more than maintain the VASP register: as part of its regulatory framework, it sets requirements for Virtual Asset Service Providers and supervises their activities, including compliance with anti-money laundering and counter-terrorist financing (AML/CFT) requirements.

At the same time, VASP registration does not mean that cryptocurrency exchange is completely risk-free. Exchange rates can change, fees and other terms may vary, and before completing a transaction, you should still check the exchange rate, fees, reviews, and the specific terms of the transaction. Registration is an important factor when choosing a crypto exchange, but it is not the only one.

Before exchanging cryptocurrency in Tbilisi, Batumi, or any other city in Georgia, it is worth taking a few minutes to check whether the exchange has VASP registration. Below, we have collected crypto exchanges listed in the CryptoNavigator directory for which VASP registration is indicated, so you can quickly compare the available options.

How to Check a Crypto Exchange's VASP Registration

Step 1. Check the Company in the National Bank of Georgia Register

The National Bank of Georgia has an official section dedicated to Virtual Asset Service Providers. This is where you can find up-to-date information about registered VASPs.

NBG VASP Register

When checking a crypto exchange, do not rely solely on its brand name. The brand under which a crypto exchange operates may differ from the official name of the legal entity. Therefore, whenever possible, it is best to cross-check several details, including the company name and VASP registration number.

Step 2. Check the VASP Registration Number

A registered Virtual Asset Service Provider has a document issued by the National Bank of Georgia confirming its registration. Since January 1, 2026, VASPs have been required to display confirmation of their registration prominently or make it easily accessible to customers across all service channels — including at offices, on websites, in apps, and in other places where services are provided.

If you are already at a crypto exchange office, do not hesitate to ask to see the registration confirmation. If you are choosing an online service, look for this information on the company's website or official communication channels.

Step 3. Cross-Check the Details

Find the company in the official register and compare the information with the details provided by the crypto exchange itself. Pay particular attention to the VASP registration number and the company's official legal name.

This simple step can help you avoid situations where an exchange uses a name similar to that of another registered company or claims to have VASP status without official confirmation.

Crypto Exchanges with a VASP License in Georgia

Finding the right crypto exchange and then checking each provider individually in the National Bank of Georgia's register is not exactly the most exciting task. So we made it easier for you: we collected the crypto exchanges for which VASP registration is indicated in one place and added their registration numbers and locations.

You no longer need to spend time searching through different sources — simply browse the list and choose the option that suits you.

Information updated as of August 18, 2026. The table includes only crypto exchanges for which VASP registration with the National Bank of Georgia is indicated. Before completing a transaction, we recommend additionally checking the provider's current status on the official website of the National Bank of Georgia.

Among the crypto exchanges listed in the CryptoNavigator directory and included in the table above, Alltrust.Me, PLEX Exchange, GeCrypto, Werty, SPEX, BITRUST Exchange, GAUS CRYPTO, and Bitcasa operate in Tbilisi. In Batumi, you can find Alltrust.Me, DG Digital Currency, PLEX Exchange, Werty, BITRUST Exchange, and Solunex.

Frequently Asked Questions

What Is a VASP License in Georgia?

A VASP license is commonly used to refer to the registration of a Virtual Asset Service Provider with the National Bank of Georgia. Registration is mandatory for companies providing regulated virtual asset services, including cryptocurrency exchange.

How Can I Check Whether a Crypto Exchange Has a VASP License?

You can check its status in the official VASP register of the National Bank of Georgia. In addition, since January 1, 2026, registered VASPs have been required to provide customers with a document issued by the NBG confirming their registration at the locations and through the channels where services are provided — for example, at an office, on a website, or in an app.

Is VASP Registration Mandatory for a Crypto Exchange?

If a company provides virtual asset services that fall within the scope of regulated activities, it must undergo mandatory registration with the National Bank of Georgia. Regulated activities include, among other things, exchanging convertible virtual assets for national or foreign currency, other virtual assets, or financial instruments.

Is It Safe to Exchange Cryptocurrency with a Registered VASP?

A VASP license is an important factor when choosing a crypto exchange, but it does not mean that all financial risks are eliminated. The National Bank of Georgia regulates and supervises registered VASPs, including under AML/CFT requirements. However, before each transaction, you should still check the exchange rate, fees, terms of the exchange, and the company's reputation.

Where Can I Find a VASP-Registered Crypto Exchange in Tbilisi or Batumi?

The CryptoNavigator directory lists crypto exchanges operating in different cities across Georgia. In this article, we have specifically highlighted exchanges from the directory for which VASP registration is indicated, including options available in Tbilisi and Batumi. Before completing a transaction, we recommend cross-checking the registration details with the official NBG register.

Conclusion

When choosing a crypto exchange in Georgia, it is worth looking beyond the exchange rate and convenient location. Checking VASP registration is one of the first things to consider before making an exchange.

With the CryptoNavigator directory, you can find crypto exchanges across Georgia, check their locations and available services, and choose the option that best suits your needs. We also recommend verifying the exchange's current VASP status against the official information provided by the National Bank of Georgia before completing a transaction.

A safer crypto exchange starts with one simple thing — knowing who you are dealing with.