YEREVAN, October 8. /ARKA/. The Armenia Securities Exchange (AMX) is considering the possibility of the Central Depository becoming a custodian of crypto assets, AMX CEO Hayk Yeganyan said in an interview with ARKA news agency.
“The law allows this. Whether we agree to this will depend on the risk appetite of our shareholders. We will, of course, express our desire to consider this direction as a future direction and a path for business development,” he noted.
Yeghanyan believes that the infrastructure of the exchange and depository should be used, among other things, to meet the needs of the crypto industry.
“This way, we too will be able to benefit and generate income,” he added.
About the Law “On Crypto Assets”
The Law “On Crypto Assets” entered into force in Armenia on July 4, 2025. The document establishes rules for cryptoasset trading, service provision, and market oversight. The established regulatory mechanisms allow only verified and transparent companies to enter the market, which should protect the rights of cryptoasset buyers and increase trust in the market.
Andranik Togramajyan, head of the digital finance division at the Cilicia business club, previously expressed concern in an interview with ARKA news agency that the current regulation is too strict, noting that many international players will think twice before entering the Armenian market.
