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The law entered into force on July 1, 2024, although certain provisions have later implementation timelines. In particular, subordinate legislative acts arising from the law are to be adopted within eight months after the law enters into force. Chapter 6 of the law, which defines and regulates the Operator for the Regulation of Gambling Activities, enters into force after the Government establishes the procedure for consortium participation in the Operator selection process and after a contract is concluded with the Operator.
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As of July 4, 2025, the Law "On Crypto-Assets" (HO-159-N) has come into force in Armenia. This law establishes the first comprehensive legal framework for the crypto-asset market in Armenia.
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The amendments relate to violations of the procedure for submitting and publishing financial statements, as well as hiring a chief accountant who does not meet the qualification requirements established by law. In both cases, the head of the organization is responsible for the administrative violation.
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