Crypto

Tokenization among the priorities of the Central Bank of Armenia’s digital asset strategy

Martin Galstyan, Governor of the Central Bank of Armenia, responded to a question from the ARKA news agency about whether the regulator is considering drafting a law on tokenization.

Central Bank of Armenia responded to criticism regarding the Law “On Cryptoassets” and announced meetings with crypto market participants

Martin Galstyan, Governor of the Central Bank of Armenia, commented on the criticism voiced by crypto market participants regarding the Law "On Cryptoassets."

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

Union of Banks of Armenia: cryptocurrency market is gaining momentum with 2-3 banks planning to obtain licenses

The Armenian cryptocurrency market is gaining momentum: 2-3 banks plan to obtain separate licenses to handle these operations, Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated in response to a question from ARKA news agency.

Central Bank of Armenia advocates for maximum rigor in identifying crypto company clients.

The chairman of the Central Bank of Armenia, Martin Galstyan, asserts that the process of identifying clients of cryptocurrency companies in the country should be as stringent as possible.

Armenian officials’ asset declarations will be supplemented with information on crypto assets

Armenian officials will be required to include information on crypto assets in their annual asset declarations. This decision was made at a government meeting on Thursday.

IMF Ready to Assist Central Bank of Armenia in Regulating Stablecoin Transactions

The IMF plans to assist the Central Bank of Armenia in its efforts to strengthen financial system oversight and modernize the payment system, including introducing regulation of stablecoin transactions in accordance with the recently adopted Law on Cryptoassets.

Parliament adopted amendments regulating cryptoasset transactions

At an extraordinary session on Wednesday, the National Assembly of Armenia adopted amendments to the RA laws "On Cryptoassets" and "On Non-cash Transactions" in the second and final reading.

Armenian Parliament may allow cash transactions in crypto assets within a year, but with restrictions

During an extraordinary session on Tuesday, Armenia's National Assembly approved a series of amendments to the laws governing cryptoassets and non-cash transactions in their first reading.

Licensing of crypto market players will begin in January 2026, says head of Armenia’s Central Bank

The process for licensing companies engaged in crypto asset transactions is set to commence in January 2026 and will continue for a duration of one year, as stated by Martin Galstyan, the head of Armenia's Central Bank.

Armenia’s Central Depository May Become Custodian of Crypto Assets – AMX CEO

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.

AMX is ready to work with exchange-traded funds investing in crypto assets

The Armenian Securities Exchange (AMX) isn't ruling out the launch of new instruments or services for working with digital assets, AMX CEO Hayk Yeganyan said in an interview with ARKA news agency.

Сrculation of cash in crypto assets presents  significant risk to  fiscal system, according to Armenia’s Deputy Prime Minister

The circulation of cash in crypto assets is likely to pose a serious threat to the overall fiscal system, stated Armenian Deputy Prime Minister Mher Grigoryan.

Law on crypto assets opens up a wide field for legitimate business activities – head of the Central Bank of Armenia

For people engaged in the acquisition or operations with crypto assets and who have no problems with presenting legal justifications for their income, the law "On crypto assets" opens up a wide field for activity, said Chairman of the Central Bank of Armenia Martin Galstyan.

Regulation of cryptocurrency assets should adopt a pragmatic approach – Chairman of  Central Bank of Armenia

Martin Galstyan, the Chairman of the Central Bank of Armenia, asserts that a pragmatic strategy is essential to mitigate risks associated with the regulation of the cryptocurrency sector.

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

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.

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