Regulatory Alerts2026-01-21 | 9438Addenda to Central Bank of Armenia Board Resolution No. 114-N
The Central Bank of the Republic of Armenia amended Board Resolution No. 114-N to clarify registration and prior consent requirements for managers and qualifying holders within crypto asset service providers. The addenda update the resolution’s preamble to reference specific articles of the Law “On Crypto Assets” and explicitly extend Appendix 1’s scope to include crypto asset service providers and their foreign branches. The resolution takes effect the day after its official publication.
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Introducing Addenda to the Republic of Armenia Central Bank Board Resolution No. 114-N, Dated March 25, 2003
2025-12-30
THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA
BOARD RESOLUTION
December 30, 2025; No. 230-N
Introducing Addenda to the Republic of Armenia Central Bank Board Resolution No. 114-N, Dated March 25, 2003
Publication date` 21.01.202 6
For the purpose of clarifying the criteria for and/or requirements to registration or granting prior consent for managers and qualifying holders within entities engaged in providing services with crypto assets;
In view of Article 29 (1)(9), Article 34 (4)(5) of the Republic of Armenia Law “On Crypto Assets”; and
Pursuant to Article 2 (3), Article 20 (1) (“e”); and Article 33 (1) and (3), and Article 34 of the Republic of Armenia Law “On Normative Legal Acts”,
the Board of the Central Bank of the Republic of Armenia
E n a c t s:
In the preamble of the Republic of Armenia Central Bank Board Resolution (No. 114-N, dated March 25, 2003) “Guideline to Becoming a Manager in Financial Organizations, Manager Deregistration; Purchasing a Qualifying Holding and/or Other Participation, or Terminating a Qualifying Holding” (hereinafter referred to as the “Resolution”), after the words “Article 179, Part 1, clause 5,” add the words “Article 29, Part 1, clause 9; Article 34, Part 4, clause 5 of the Republic of Armenia Law “On Crypto-Assets””.
In the preamble of the Resolution, replace the words “Article 58, Part 2, clause 4” with the words “Article 58, Part 2, clause 5”.
In point 2 of Appendix 1 as approved under the Resolution, after the words “branch office of a foreign investment company,” add the words “the crypto assets services provider, the branch office of a foreign entity providing services with crypto assets,".
This resolution to enter into force on the day following its official publication.
Martin Galstyan Governor,
Central Bank of the Republic of Armenia
c. Yerevan
.