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Central Bank of Armenia Approves Regulation 7/01 on Crypto Assets Service Provider Licensing

The Central Bank of the Republic of Armenia issued Board Resolution No. 227-N to approve Regulation 7/01, which establishes the regulatory framework for crypto assets service providers. This regulation defines the procedures for registering and licensing domestic providers, issuing operation permits for foreign branches and representative offices, and obtaining prior consent for acquiring qualifying holdings. The resolution mandates compliance with specific information submission requirements and enters into force ten days after its official publication.

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Approving Regulation 7/01 “Registration and Licensing of Crypto Assets Service Providers; Issuance of Branch and Representative Office Operation Permits for Foreign Crypto Assets Service Providers ...

2025-12-30

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA

BOARD RESOLUTION

December 30, 2025; No. 227-N

Approving Regulation 7/01 “ Registration and Licensing of Crypto Assets Service Providers; Issuance of Branch and Representative Office Operation Permits for Foreign Crypto Assets Service Providers; Procedure for Obtaining Prior Consent for the Acquisition of a Qualifying Holding in the Statutory Capital of a Crypto Assets Service Provider ”

Publication date` 21.01.202 6

Aiming to establish the procedure for permitting the activities of crypto assets service providers, the list of required information, documents and/or deliverables, as well as the procedure and timeframes for submitting such information to the Central Bank of the Republic of Armenia;

In view of Article 19 (4) and (8), Article 20 (2) and (4), Article 22 (7) and (8), Article 25 (5), Article 26 (2), Article 27 (1), (2) and (10), Article 28 (3), and Article 94 (2) of the Republic of Armenia Law “On Crypto Assets”;

Pursuant to Article 2 (3) and Article 20 (1) “e” of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”,

the Board of the Central Bank of the Republic of Armenia

E n a c t s:

Establish the Central Bank Regulation 7/01 “Registration and Licensing of Crypto Assets Service Providers; Issuance of Branch and Representative Office Operation Permits for Foreign Crypto Assets Service Providers; Procedure for Obtaining Prior Consent for the Acquisition of a Qualifying Holding in the Statutory Capital of a Crypto Assets Service Provider”, in accordance with Appendix to this resolution.

This resolution to enter into force on the tenth (10th) day following its official publication.

Martin Galstyan                                                       Governor,

Central Bank of the Republic of Armenia

c. Yerevan

.