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Armenia: crypto & digital assets regulation

Regulated

Armenia VASP licensing under Law 'On Digital Assets'; CBA Regulation 7/01 framework

Lead regulator:
Central Bank of Armenia
Key law:
Law 'On Digital Assets' (2024)
Last updated:
2026-07-12

Armenia has established a formal licensing regime for crypto assets service providers (CASPs) under the Law 'On Digital Assets', with the Central Bank of Armenia (CBA) serving as the primary supervisor. The CBA has issued a suite of implementing regulations, including Regulation 7/01, which governs the licensing, registration, and operational permits for domestic and foreign providers.

The regulatory framework mandates strict capital adequacy requirements, detailed disclosure standards for crypto-asset offer documents, and rigorous fit-and-proper assessments for managers and qualifying holders. This comprehensive approach aims to integrate digital asset activities into the formal financial sector while ensuring consumer protection and market integrity.

Who regulates

  • Central Bank of Armenia

    Primary supervisor and licensing authority for crypto assets service providers

    [1][2][3][4][5]

Core laws & rules

  • Law 'On Digital Assets' (2024)

    The foundational statute establishing the legal status of digital assets and the regulatory framework for service providers, referenced in CBA Board Resolution No. 114-N addenda.

    [4]

Licensing & registration

  • Crypto Assets Service Provider (CASP) License

    Domestic providers must register and obtain an operation permit under Regulation 7/01. Foreign providers must register branches and obtain prior consent for managers. Capital: Minimum total capital thresholds established by Regulation 7/02, calculated as the highest of service-specific fixed amounts. Timeline: Regulations 7/01-7/05 approved and effective as of January 21, 2026.

    [5][3]

Restrictions & warnings

  • Mandatory disclosure requirements for crypto-assets offer documents under Regulation 7/04. Strict fit-and-proper criteria for managers and qualifying holders under Regulation 7/05 and Resolution 114-N addenda.

    [1][2][4]

Direction of travel

  • The regulatory framework is currently being implemented through detailed CBA regulations as of early 2026, indicating a move towards full operational oversight and compliance enforcement.

    [1][2][3][4][5]

Sources

  1. Central Bank of Armenia Regulation 7/04 on Crypto-Assets Offer Document Requirements · 2026-01-21
  2. Procedure for Registration of Managers of Crypto Assets Service Providers and Branches of Foreign Providers · 2026-01-21
  3. Central Bank of Armenia Regulation 7/02 on Minimum Total Capital Threshold for Crypto Assets Service Providers · 2026-01-21
  4. Addenda to Central Bank of Armenia Board Resolution No. 114-N · 2026-01-21
  5. Central Bank of Armenia Approves Regulation 7/01 on Crypto Assets Service Provider Licensing · 2026-01-21

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This guide is compiled automatically from 5 primary-source documents published by Armenia's regulators, reviewed by RegAlert, and refreshed monthly (last updated 2026-07-12). It is not legal advice — always confirm requirements with the regulator or local counsel before acting.