Recently, at a grand event gathering regulatory bodies and leaders in the global payment sector, Bybit actively promoted the popularization and development of cryptocurrency payments in Georgia. This event not only served as an important platform for industry exchange but also marked the official launch of the Bybit Card in Georgia, opening a convenient door for users' daily cryptocurrency asset consumption. The card supports users in making everyday payments in Georgia and has successfully integrated with Apple Pay, achieving a seamless connection from digital wallets to secure contactless payments.
Bybit's foray into the payment sector is attributed to its successful acquisition of a Payment Service Provider (PSP) license in Georgia in the fourth quarter of 2025. This license allows Bybit to legally issue the Bybit Card locally, significantly strengthening local fiat payment channels and promoting the deep integration of digital asset services with Georgia's financial infrastructure.
The Georgian government representatives expressed high appreciation for the launch of the Bybit Card, viewing it as an important milestone in promoting the widespread application of digital assets in the real world. With strong support from the government and regulatory bodies, the Bybit Card has gained significant acceptance in the local market. Looking ahead, Bybit plans to further expand the issuance scale of cards in Georgia and surrounding markets, aiming to establish Georgia as a strategic hub for crypto payment innovation in the region.
During the event, representatives from the Georgian Ministry of Economy and Sustainable Development and the National Bank of Georgia delivered keynote speeches, highlighting Georgia's commitment to responsible financial innovation and the construction of modern payment infrastructure.
A major highlight of the conference was a panel discussion titled “The Future of Payments.” Participants delved into how regulatory bodies, global payment networks, banks, and blockchain companies can collaborate closely to accelerate the adoption of cryptocurrencies in real-world payment scenarios.
The discussion featured a strong lineup of guests, including Bybit co-founder and CEO Ben Zhou, Bybit Georgia Regional Director Shota Lomtadze, National Bank of Georgia President Natia Turnava, Mastercard Vice President for Georgia and Armenia David Zgudadze, Pave Bank co-founder and CEO Salim Dhanani, Tether Vice President of Global Expansion and Strategic Partnerships Marco Dal Lago, and Bybit Georgia Regional Manager Tekla Iashagashvili.
Bybit executives reiterated the company's long-term commitment to building payment infrastructure and supporting the local digital asset ecosystem.
Currently, Bybit offers a comprehensive digital asset service platform for Georgian users, covering over 600 spot trading pairs, one-click buy features, over-the-counter (OTC) services, and institutional-level security measures.
The successful conclusion of this event provided a valuable exchange platform for policymakers, financial institutions, fintech leaders, and blockchain innovators, further solidifying Georgia's position as a center for digital asset innovation and the future development of global payments.