{"id":271386,"date":"2026-03-17T16:46:34","date_gmt":"2026-03-17T12:46:34","guid":{"rendered":"https:\/\/armbanks.am\/?p=271386"},"modified":"2026-03-17T16:46:35","modified_gmt":"2026-03-17T12:46:35","slug":"central-bank-of-armenia-responded-to-criticism-regarding-the-law-on-cryptoassets-and-announced-meetings-with-crypto-market-participants","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2026\/03\/17\/271386\/","title":{"rendered":"Central Bank of Armenia responded to criticism regarding the Law &#8220;On Cryptoassets&#8221; and announced meetings with crypto market participants"},"content":{"rendered":"\n<p><strong>YEREVAN, March 17. \/ARKA\/. <\/strong>Martin Galstyan, Governor of the Central Bank of Armenia, commented on the criticism voiced by crypto market participants regarding the Law &#8220;On Cryptoassets.&#8221;<\/p>\n\n\n\n<p>He responded to ARKA news agency&#8217;s question about whether the Central Bank is aware of the criticism and whether any steps are being taken to address the situation.<\/p>\n\n\n\n<p>&#8220;Not only are we aware of the criticism, but we are also at the epicenter of it. If I&#8217;m not mistaken, my colleagues organized meetings between industry representatives and banks,&#8221; Galstyan said.<\/p>\n\n\n\n<p>Crypto market participants call the Law &#8220;On Cryptoassets&#8221; incomplete and, in some places, too narrow for the industry to function properly.<\/p>\n\n\n\n<p>The Law &#8220;On Cryptoassets&#8221; entered into force in Armenia on July 4, 2025. The document establishes rules for cryptoasset trading, service provision, and market oversight.<\/p>\n\n\n\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Martin Galstyan, Governor of the Central Bank of Armenia, commented on the criticism voiced by crypto market participants regarding the Law &#8220;On Cryptoassets.&#8221;<\/p>\n","protected":false},"author":5,"featured_media":261751,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[15543,9216],"tags":[],"class_list":{"0":"post-271386","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crypto","8":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/271386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=271386"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/271386\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/261751"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=271386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=271386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=271386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}