Uzbekistan | ForkLog

ForkLog 39 22.01.2024

Uzbekistan Enacts Penalties for Illegal Cryptocurrency Activities

On January 19, Uzbekistan’s President Shavkat Mirziyoyev signed a law introducing criminal and administrative penalties for illegal activities related to cryptocurrency mining and use. The Code of Administrative Responsibility has been amended with two new articles. One article addresses the illegal acquisition, sale, or exchange of cryptocurrencies, as well as the activities of service providers […]

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ForkLog 18 04.01.2024

Uzbekistan Fines Cryptocurrency Exchange Binance

The National Agency for Perspective Projects of the Republic of Uzbekistan has identified several violations by the cryptocurrency exchange Binance. Representatives of the agency informed ForkLog of these findings. Guided by the Regulation on the licensing of service providers in the crypto asset sector, the Agency discovered: provision of services to citizens of the Republic […]

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ForkLog 7 13.11.2023

Uzbekistan grants license to new crypto depository

On November 13, Uzbekistan's National Agency for Prospective Projects granted Paynet Crypto a crypto-depository license.

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ForkLog 12 07.11.2023

Second Bitcoin Exchange Secures Licence in Uzbekistan

The National Agency for Prospective Projects of Uzbekistan issued a license to the Coinpay cryptocurrency exchange.

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ForkLog 14 04.10.2023

Uzbek regulator explains the licensing process for cryptocurrency mining

The National Agency for Prospective Projects of Uzbekistan published the regulation on the licensing procedure for cryptocurrency mining.

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ForkLog 12 09.09.2023

Uzbek regulator to begin issuing mining licences

On 6 September, President Shavkat Mirziyoyev signed amendments to the legislation, including those licensing mining.

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ForkLog 19 29.08.2023

Bitcoin mining and DeFi in Uzbekistan: regulator on forthcoming legislation

Vyacheslav Pak, Uzbekistan’s First Deputy Director of the NAPP, outlined forthcoming legislative initiatives concerning mining and financing investment through token offerings.

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ForkLog 22 16.08.2023

Two Uzbek banks granted permission to issue crypto cards

NAPP Uzbekistan approved private Ravnaq Bank and Kapital Bank's participation in the digital sandbox with the ability to issue cryptocurrency cards.

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ForkLog 13 08.08.2023

C-BASE crypto exchange secures license in Uzbekistan

The National Agency for Prospective Projects of Uzbekistan (NAPP) issued a license for the operation of C-BASE’s crypto shop.

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ForkLog 20 26.06.2023

Uzbekistan issues first crypto-depository license.

On June 21, the National Agency for Prospective Projects of Uzbekistan (NAPP) granted the first license to operate a crypto-depository for Lockton Hub.

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ForkLog 10 28.04.2023

Uzbekistan registers its first NFT issuer

NAPP of Uzbekistan registered the first participant in the special regulatory regime governing crypto assets—the Unified Integrator – UZINFOCOM.

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ForkLog 8 15.02.2023

Uzbekistan expands rights for non-residents to use proceeds from cryptocurrency sales

The Central Bank of Uzbekistan has allowed non-resident legal entities to open accounts in domestic commercial banks with the possibility of crediting funds from the sale of cryptocurrencies.

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