Azerbaijan Central Bank Prepares Crypto-Asset Regulatory Acts

The Central Bank of Azerbaijan is preparing regulatory acts on crypto-assets as part of its efforts to develop a comprehensive framework for cryptocurrencies. Deputy Chairman Vusal Khalilov met with representatives from the Azerbaijan Fintech Association in August 2026.

During the meeting, Khalilov discussed the results achieved in financial technologies and payments in the second quarter of 2026. The focus was also on preparing regulatory acts covering crypto-assets and their service providers.

The bank is working to improve supervisory tools to prevent fraud and illegal transactions. Strategic targets for the sector were set during the meeting, as well as initiatives to enhance these tools.