Armenia has ranked 14th globally in the Crypto Adoption Index, underscoring its growing role in the global digital asset landscape, as highlighted during the Binance Community MeetUp held in Yerevan. Speaking at the event, Binance’s Marketing Manager for Central Asia and CIS countries, Stanislav Dylenok, stated that one in every ten residents of Armenia is already a Binance user, pointing to the country’s rapid adoption of digital assets and expanding crypto ecosystem, report Public Radio of Armenia.
More than 400 participants attended the Binance Community MeetUp in Yerevan, including Binance users, representatives of the crypto and business communities, students, and journalists. Discussions focused on the development of the crypto market in Armenia and globally, the growing acceptance of digital assets in the country, and efforts to strengthen the local crypto community.
During the event, Dylenok noted that Armenia is “on the front line of crypto development,” emphasizing the country’s active integration of digital assets into various sectors of daily life. He outlined Binance’s priorities in Armenia, which include localizing products in Armenian, expanding educational programs in cooperation with universities, and developing crypto payments and services based on Binance solutions.
“All these efforts aim to make working with digital assets more understandable, familiar, and accessible for as many people in Armenia as possible,” Dylenok added.
Kyrylo Khomiakov, Binance’s Regional Head for Central Asia, Central and Eastern Europe, and Africa, highlighted the importance of consistent and systemic cooperation with Armenia to support the country’s developing crypto ecosystem.
“We see enormous potential in Armenia’s crypto ecosystem and place great value on initiatives that make digital assets more understandable, safe, and accessible for users. It is essential for us that innovation benefits people, expands their opportunities, and strengthens trust in technology. Binance will continue investing in advanced solutions, developing educational programs, and supporting users and partners throughout their crypto journey,” Khomiakov said.
Participants were also introduced to opportunities for monetizing activity on Binance through creator tools, content creation and promotion features, and programs designed to support local opinion leaders and strengthen the crypto community.
In addition to product-related discussions, speakers addressed key issues related to cybersecurity and financial literacy. They stressed the importance of using two-factor authentication, maintaining strong passwords, exercising caution when clicking links or communicating with unknown individuals, and relying exclusively on Binance’s official communication channels and trusted sources.
The event concluded with an open Q&A session, during which participants raised questions about prospects for crypto regulation in Armenia, opportunities for local startups, Binance’s new educational initiatives, and plans for further developing the country’s crypto community.
