Armenia to ban cash for crypto exchange in 2026

Armenian authorities have confirmed their plan to prohibit cash purchases of cryptocurrency in the country, starting from next year.

A representative of the executive power in Yerevan indicated the intention is not to curb crypto turnover, but rather prevent anonymous transactions.

Yerevan confirms upcoming ban on cash-crypto trade

The Armenian government remains determined to impose a ban on the exchange of fiat cash for cryptocurrency, scheduled to take effect in 2026.

Deputy Prime Minister Mher Grigoryan confirmed the cabinet’s official stance during parliamentary control in the National Assembly, Armenia’s unicameral legislature.

Grigoryan was responding to a question by Arman Yeghoyan, a member of the Civil Contract…

Source link