Armenia plans to prohibit cash purchases of cryptocurrency from 2026

Armenia is set to implement a comprehensive **cryptocurrency regulation** banning cash purchases of digital assets starting in 2026, marking a significant shift in the country's **crypto policy**. The Armenian government's decision targets **anonymous transactions** rather than restricting overall **cryptocurrency trading** volumes, according to executive officials in Yerevan.

This regulatory move reflects growing global trends toward **cryptocurrency compliance** and **anti-money laundering** measures in the **blockchain** ecosystem. The ban will likely impact local **Bitcoin** and **altcoin** markets, forcing traders to use traceable payment methods for **crypto purchases**.

The policy change could influence **cryptocurrency adoption** patterns across the region, as Armenia joins other nations implementing stricter **digital asset** oversight. Market analysts suggest this **crypto regulation** may initially reduce trading volumes but could enhance long-term institutional confidence in Armenia's **cryptocurrency market**.

The announcement comes amid increasing global regulatory scrutiny of **decentralized finance (DeFi)** and **cryptocurrency exchanges**. Armenian authorities emphasize their commitment to maintaining **crypto innovation** while ensuring transaction transparency, potentially positioning the country as a regulated **blockchain** hub in the Caucasus region.