Euro down 0.71 points against dram, US dollar down 0.22 points

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

Insurance market of Armenia is in embryonic state

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

The Law on Cryptoassets will establish basic cybersecurity rules, and entities providing crypto services will also have to comply with these requirements, said Deputy Chairman of the Central Bank Armen Nurbekyan, presenting the draft law on cryptoassets and a legislative package on amendments to a number of related laws at an extraordinary meeting of the parliamentary committee on on financial, credit and budgetary issues.