YEREVAN, April 3. /ARKA/. Cryptocurrency can open up great opportunities for Armenia, says HenrI ArslanIan, co-founder of Nine Blocks Capital Management, author of the bestselling books in the field of financial services “The Future of Finance” and “The Book of Cryptocurrency”.
“If Armenia accepts bitcoin as a currency and invests in it, this will create great advantages, in particular, in the current geopolitical situation, as Bhutan and El Salvador did. I am sure that the Armenian government and those who make decisions are considering such opportunities. In particular, the Central Bank of Armenia is well aware of the circulation of cryptocurrencies,” ArslanIan said on the sidelines of the Doing Digital Forum 2025, in response to a question from the ARKA news agency about whether Armenia has a crypto future.
He welcomed the cryptocurrency regulations that the Armenian government recently adopted. According to him, the new regulations show the country’s readiness to adapt to new geopolitical changes.
“This opens up great opportunities for Armenia and its people. We are witnessing a huge change when it comes to the future of money. Innovations, bitcoins, stablecoins, cryptocurrencies are changing the relationship between people and money and financial services,” Arslanian said.
He noted that regulation of the crypto asset sphere is a critical component in managing cryptocurrencies and digital currencies in Armenia and the region.
“A lot of leading crypto companies have already come to Armenia. Armenians around the world are very active in the world in the field of cryptocurrencies and digital currencies. Developments in this sphere create special opportunities for Armenia and Armenians, because we are flexible, talented, educated, quick to adopt new technologies and can take advantage of these asymmetric changes,” Arslanian said.
As he highlighted, this is one of the most exciting times for global finance. “If you prefer to be conservative and continue doing what you’ve done for centuries, don’t invest in Bitcoin. However, if you want to capitalize on geopolitical shifts and create opportunities for Armenia and its people, then invest in Bitcoin,” Arslanian advised.
He also clarified that digital currencies like Bitcoin will not fully replace traditional money. Instead, they will coexist and become part of the broader asset portfolio.
On February 27, 2024, the Armenian government approved the “Law on Cryptoassets”, which aims to regulate the circulation, exchange, and provision of services in the cryptocurrency sector. According to Finance Minister Vahe Hovhannisyan, this law will establish a predictable environment with clearly defined rights and responsibilities for entrepreneurs in the sector, while providing adequate mechanisms for transparency and user security.
The Doing Digital Forum 2025, themed “Money of the Future: Economic Impact”, is taking place in Yerevan on April 3. ARKA-Telecom and Novosti-Armenia news agencies are media partners of the event.-0-
