Armenia extends cryptocurrency license deadline by one year
The Armenian government has amended its cryptocurrency law, granting businesses an additional year to obtain licenses. This move marks a significant step toward developing the country’s digital asset market.
This was reported by Russian propaganda media
Previously, the legislation set unified rules only for exchangers, but the new regulations now also cover issuers and traders, broadening the scope of crypto regulation.
Extending the deadline provides market participants more time to comply and reflects a trend towards the steady, regulated growth of Armenia’s crypto sector.
