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Armenia Extends Cash-for-Crypto Trading Window Amid Regulatory Transition

Armenia Extends Cash-for-Crypto Trading Window Amid Regulatory Transition

Author:

Global Cryptocurrency

Published:

2025-12-12 12:32:01

20

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BTCCSquare news:

Armenia has deferred its ban on cash cryptocurrency transactions until 2026, granting domestic platforms and users additional compliance time. The amended law 'On Crypto Assets' now permits cash exchanges under strict conditions: transactions are capped at 300,000 drams (~$785) with mandatory customer identification and transaction recording.

The Central Bank of Armenia maintains oversight during this transitional period, requiring crypto businesses to obtain licenses by July 2026. This measured approach contrasts with the originally proposed immediate prohibition, reflecting regulatory pragmatism as the nation balances innovation control with market adaptation.

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