Uzbekistan Recognises Stablecoins as Legal Tender
From January 1, 2026, Uzbekistan will implement a special legal framework under which stablecoins will become an official means of payment.News and updates related to Uzbekistan.
Uzbekistan Recognises Stablecoins as Legal Tender
From January 1, 2026, Uzbekistan will implement a special legal framework under which stablecoins will become an official means of payment.
Uzbekistan to Launch HUMO Stablecoin Backed by Government Bonds
Uzbekistan is set to launch a pilot version of the HUMO stablecoin, backed by government bonds, according to a representative from the eponymous payment system, as reported by ForkLog. The project is part of a strategy to integrate blockchain technology into the country’s financial infrastructure. HUMO emphasized that the initiative fully complies with Uzbekistan’s current […]
Binance cleared to operate in Uzbekistan via a local partner
Crypto exchange Binance and Uzbekistan’s NAPP have signed an agreement for the platform to operate in the country via a local partner — Coinpay. In November 2023 Coinpay obtained a digital-asset service provider licence. It will use its website to provide Uzbekistan residents with access to Binance. “Users will be able to deposit and withdraw […]
Uzbekistan’s Ministry of Justice Registers Licensing Fees for Bitcoin Exchanges
On December 17, Uzbekistan’s Ministry of Justice registered an internal document from the NAPP, setting the state fee for licensing cryptocurrency exchanges, exchangers, and mining pools in the country. According to the document, the fees are as follows: for exchanges — 73,400 BCV (27.5 billion soums or $2.1 million); for exchangers [referred to as crypto […]
Uzbek Teen Detained for Cryptocurrency Exchange via Telegram
The Ministry of Internal Affairs of Uzbekistan has detained a 17-year-old resident of Bukhara for providing cryptocurrency exchange services on Telegram. This was reported by the press service of the department. According to the investigation, over a period of seven months, the teenager conducted more than 4,000 transactions on the Binance exchange, amounting to a […]
Web3Eco Tokenizes Trees in Uzbekistan
Web3Eco has tokenized the rights to profits from the sale of trees from plantations in Uzbekistan. The platform is built on the Polygon network and employs the ERC-1155 standard for tokens, each representing between one and 600 trees, depending on the denomination. Digital rights to the trees are sold exclusively on the Web3Eco platform for […]
Uzbekistan Outlines Legalisation Methods for Hamster Kombat Tokens
NAPP of Uzbekistan has issued an explanation regarding the Hamster Kombat airdrop and the legal operations involving HMSTR tokens. Citizens will be able to buy or sell coins only through national providers of crypto asset services (exchanges and exchangers) that list them. The regulator warned of the high volatility of such assets and the potential […]
Uzbekistan’s Regulatory Sandbox Welcomes Fifth Crypto Project
The company Heemera has become the latest participant in Uzbekistan’s regulatory sandbox, as stated in a press release from the NAPP. The pilot project focuses on blockchain analytics and the recovery of digital assets lost due to fraud and other illegal activities. The company employs a wide range of tools, including real-time transaction monitoring, linking […]
Iranian Authorities Deem Hamster Kombat a Tool of Western ‘Soft War’
The popularity of the clicker game Hamster Kombat in Iran has sparked sharp criticism and concerns among local authorities, reports Associated Press. According to the publication, Iranians’ fascination with cryptocurrencies and mobile apps distributing digital assets is attributed to the dire economic situation. The sanctioned country suffers from high inflation and a lack of jobs. […]
Uzbekistan Detains Binance User for Five Days
In Uzbekistan, a resident of Tashkent has been detained for violating cryptocurrency regulations. This was reported by the local publication Repost, citing the court’s press service. According to the publication, 25-year-old J. A. conducted 23 transactions involving the purchase and transfer of digital assets amounting to 7768.66 USDT on the Binance cryptocurrency exchange. His actions […]
Uzbekistan Warns Hamster Kombat Players of Arrest and Fines
Players of Hamster Kombat in Uzbekistan face potential penalties if they convert in-game currency to fiat through cryptocurrency exchanges. This warning comes from local media, citing government authorities. In Uzbekistan, the illegal acquisition, sale, or exchange of cryptocurrencies is prohibited. Such activities are punishable by up to 15 days of administrative arrest or a fine […]We use cookies to improve the quality of our service.
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