Singapore expert: the banking sector, the stable currency and the advanced national bank give Georgia an advantage in the global financial market at the financial summit in Tbilisi, the general counsel of the Singaporean company ChainArgos Patrick Tan highly appreciated the conditions created in Georgia for the development of financial innovation. The country has a strong and resilient banking sector, a stable currency and a progressive and forward-looking central bank that supports entrepreneurs and innovators, he said. "Georgia is lucky to be at the crossroads of East and West. This gives the country an incredible geographic advantage in terms of exploiting the opportunities of the global banking sector. In addition, Georgia has a strong and resilient banking sector, a stable currency and a progressive and forward-looking central bank. Its strategic geographic location, the solid banking sector and the wise approach to regulating digital assets allow the country to take advantage of significant opportunities in the international financial space", he noted. Tan also highlighted Georgia's approach to developing a legislative framework to regulate virtual asset service providers. According to him, the country was able to take into account the experience of other countries and choose a consistent and balanced path. "We often see countries rushing to regulate digital assets, virtual assets and stablecoins, but not always making the right decisions in the process. In the case of Georgia, we saw a determined and thoughtful initiative aimed at carrying out this process from the very beginning, before moving to large-scale implementation", - said the expert. In his opinion, this approach gives Georgia advantages in the development of artificial intelligence and autonomous payments. The assessment of the Singaporean partners here can be seen as a unifying view of the financial technology centers of the world.

Singapore expert: the banking sector, the stable currency and the advanced national bank give Georgia an advantage in the global financial market at the financial summit in Tbilisi, the general counsel of the Singaporean company ChainArgos Patrick Tan highly appreciated the conditions created in Georgia for the development of financial innovation. The country has a strong and resilient banking sector, a stable currency and a progressive and forward-looking central bank that supports entrepreneurs and innovators, he said. "Georgia is lucky to be at the crossroads of East and West. This gives the country an incredible geographic advantage in terms of exploiting the opportunities of the global banking sector. In addition, Georgia has a strong and resilient banking sector, a stable currency and a progressive and forward-looking central bank. Its strategic geographic location, the solid banking sector and the wise approach to regulating digital assets allow the country to take advantage of significant opportunities in the international financial space", he noted. Tan also highlighted Georgia's approach to developing a legislative framework to regulate virtual asset service providers. According to him, the country was able to take into account the experience of other countries and choose a consistent and balanced path. "We often see countries rushing to regulate digital assets, virtual assets and stablecoins, but not always making the right decisions in the process. In the case of Georgia, we saw a determined and thoughtful initiative aimed at carrying out this process from the very beginning, before moving to large-scale implementation", - said the expert. In his opinion, this approach gives Georgia advantages in the development of artificial intelligence and autonomous payments. The assessment of the Singaporean partners here can be seen as a unifying view of the financial technology centers of the world.