Tag: crypto

Central Bank of Armenia has identified a key principle for regulating crypto assets based on risks

The Central Bank of Armenia adheres to the "same risk, same regulation" principle when regulating digital and virtual assets, Central Bank Deputy Chairman Hovhannes Khachatryan stated on Friday at the 4Future Banking forum in Yerevan.

Central Bank of Armenia unveils two more draft regulations for cryptoasset regulation for public discussion

YEREVAN, August 13. /ARКА/. The Central Bank of Armenia has unveiled two more draft regulations for public discussion.

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.

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.