#CENTRAL BANK
Armenia to start licensing companies providing crypto services
Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia, speaking at the Doing Digital 2024 forum, presented the regulator's program for regulating the cryptocurrency market, noting that the main goal is to balance the benefits and risks of distributed ledger technology (DLT).Central Bank of Armenia reacts to Armenian banks' refusal to service Russian Mir cards
In response to the request of Arka news agency to comment on the refusal of Armenian banks to service "Mir" cards from March 30, the Central Bank of Armenia said that "commercial banks of Armenia independently decide which payment systems to cooperate with, based on their risk management strategies, including those related to sanctions".Central Bank of Armenia concerned about risks in regulation of cryptoassets sphere
A comprehensive final draft law on regulation of virtual assets has been developed by the Central Bank of Armenia based on discussions and consultations with government colleagues, Deputy Chairman of the regulator Hovhannes Khachatryan said.Central Bank cautious in lowering refinancing rate, says head of Freedom Broker Armenia
Against the backdrop of the latest deflationary quarter and weak single-digit inflation figures earlier, such rate cuts look very cautious, Freedom Broker Armenia CEO Hovak Hovakimyan told ARKA news agency when asked to comment on the Central Bank's decision to lower the refinancing rate.Possible increase in public transport fares in Armenia will not have serious impact on Central Bank's policy – Galstyan
Possible increase in public transportation fare prices in Armenia will not have a serious impact on the Central Bank's policy, head of the regulator Martin Galstyan said at a press conference on Tuesday.Central Bank of Armenia follows the path of gradual easing of monetary conditions - Galstyan
The Central Bank of Armenia Board, considering scenarios for changing the refinancing rate, has decided to continue the gradual easing of monetary policy, the head of the regulator Martin Galstyan said today after it lowered the refinancing rate by 0.25 percentage points, setting it at 8.5%.Central Bank deputy governor names main risks for Armenia in 2024
"The major risks that Armenia may face in 2024 are geopolitical, because now we see major risks at any corner of the world. It is similar to 2023, because last year was the same," Deputy Chairman of the Central Bank Armen Nurbekyan said during the "Amundi-Acba 2024 Economic Forum".News 1 - 20 of 207
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