Mon, 15 September
16.1 C
Yerevan
USD: 383.47 RUB: 4.56 EUR: 449.96 GEL: 142.03 GBP: 519.91

Tag: Armenia

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.

Head of Central Bank of Armenia sees no reason to reduce mortgage interest rates

Martin Galstyan, the Chairman of Armenia's Central Bank, stated that he finds no grounds for reducing interest rates on mortgage loans.

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.

Net inflow of money transfers to Armenia from overseas down 5.5% over a period of 7 months

The net amount of private money transfers to Armenia via the banking system from abroad during January to July 2025 totaled $716.6 million, compared to $758.7 million during the same period in 2024, according to a report from the Central Bank.

AIIB prepared to support  advancement of Armenia’s economy – President

The Asian Infrastructure Investment Bank (AIIB) is poised to aid the development of Armenia's economic, scientific, and educational sectors by investing in initiatives that will foster the nation's long-term growth and strengthen regional connections.

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

Measures to encourage cashless transactions discussed in Armenia

The Armenian government, chaired by Prime Minister Nikol Pashinyan, convened a meeting yesterday to deliberate on initiatives aimed at promoting cashless transactions, the government press service reported.

Changes made to compulsory motor liability insurance in Armenia

The Armenian Bureau of Motor Insurers has launched a new feature, as reported by the Central Bank of Armenia.

Armenia’s total public debt exceeds $13.8 billion

As of June 30, 2025, Armenia's total public debt amounted to $13,852,137 million, which is an increase of $116,520 million compared to May 31, 2025.

Armenian Central Bank  developing mechanisms for insurance and combating financial fraud

Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.

Central Bank of Armenia keeps refinancing rate at 6.75% for fourth time in a row

On August 5, the Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.75%.

Deputy Prime Minister discusses cooperation prospects with new head of WB Armenia office

Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.