US EditionArmenia amends crypto law and starts licensing service providers
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Key points of the news The Armenian Parliament approves amendments to facilitate the transition of companies to the new legal framework. The Central Bank of Armenia will issue mandatory licenses to providers of digital asset services. A limit of 300,000 drams is set for cash transactions during the grace period. Recently, the Armenian Parliament approved a number of important amendments to its financial legislation, with the aim of providing com…
Armenia amends crypto law and starts licensing service providers
The Armenian parliament has tweaked the country’s recently adopted crypto law to allow companies more time to prepare for the upcoming regulations. Among them are the launch of a licensing regime for service providers working with digital assets and a grace period for ending cash transactions in crypto trading. Lawmakers modify Armenia’s legislation to facilitate crypto business The National Assembly of Armenia has adopted amendments to two piec…
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