Armenia Extends Cash Crypto Transactions 🇦🇲

According to Odaily, the Armenian government has approved amendments to the Cryptocurrency Asset Law, extending permission for cash-based crypto transactions by one year.

🗓️ Cash transactions allowed until July 2026

💵 Per-transaction cap: 300,000 drams (~$780)

🧾 Sellers must verify customer identity and record all transactions

🏦 The Central Bank of Armenia can inspect compliance at any time

The proposal has been submitted to parliament for review, signaling Armenia’s cautious but continued support for regulated crypto activity. #CryptoNews $BNB $BTC $XRP