The Department of Banking and Finance will begin using the Nationwide Multistate Licensing System (NMLS) on September 2, 2014.
Atlanta, Georgia — On August 26, 2014, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance to Christopher Young, located at 1022 Carolina Blvd. Isle of Palms, SC 29451, became final.
The Department of Banking and Finance took possession of Eastside Commercial Bank, Conyers, Georgia on July 18, 2014.
On April 30, 2014, the Department of Banking and Finance issued guidance in order to provide consumers with information about virtual currency and factors consumers should consider when transacting with or investing in virtual currency.