Regulatory Alerts2026-01-21 | 9436Procedure for Registration of Managers of Crypto Assets Service Providers and Branches of Foreign Providers
The Central Bank of the Republic of Armenia issued Regulation 7/05 to establish the registration, rejection, and deregistration procedures for managers of crypto assets service providers and foreign branches. The regulation mandates that specific managerial roles, including board members and heads of internal monitoring, submit detailed electronic applications and undergo interviews to verify compliance with integrity and professional criteria. It further defines the conditions for acting managers, allowing temporary appointments for up to ninety days while outlining the grounds and documentation required for deregistration.
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