The Central Bank of the Republic of Armenia has advised its citizens not to use digital currencies such as bitcoin.
The central bank told ARKA:
The central bank further clarified that it supports the use of "innovative payment instruments", provided they protect the interests of consumers, according to the news service.
The Central Bank of Armenia confirmed the interview took place on 24th November when reached for comment.
Central bank representative Hayk Kirakosyan said that the statements came amid an interview following the twenty-second anniversary of the country's national currency, the dram.
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