Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

YEREVAN, September 5. /ARКА/. The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator’s press service.

The Central Bank has introduced the draft regulation titled “Requirements for the content of the document offering cryptoassets” and has announced the commencement of its public discussion process.

The regulator emphasized that all interested parties are invited to submit their feedback and recommendations on the draft until September 19 of this year.

About the Law on Cryptoassets

The Law on Cryptoassets came into effect in Armenia on July 4, 2025. This document outlines the regulations for trading cryptoassets, delivering services, and overseeing the market. The proposed regulatory frameworks permit only verified and transparent companies to participate in the market, aiming to safeguard the rights of cryptoassets purchasers and enhance trust in the market.-0-

spot_img

POPULAR

State Revenue Committee of Armenia discussed tax regulation of crypto assets with market participants

The State Revenue Committee of Armenia held a discussion with market participants on tax regulation of the cryptocurrency sector, the press service of the State Revenue Committee of Armenia reported.

Unibank has launched instant transfers by phone number

Phone number transfers are now available in Unibank’s UNIMobile application.

Inflation of 4.2% recorded in Armenia in May

In Armenia, 12-month inflation in the consumer market in May of this year amounted to 4.2%, according to a report from the Statistical Committee of Armenia.

Armenia could become a platform for implementing insurance technologies and AI solutions: head of the Bureau of Motor Insurers

Armenia could become a practical platform for testing and implementing modern insurance technologies and solutions based on artificial intelligence.

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img