Uzbekistan’s Progressive Cryptocurrency Reforms: Licensing and Taxation Initiatives
Uzbekistan is undergoing a transformative journey in cryptocurrency regulation, marked by comprehensive licensing requirements and taxation initiatives. These reforms signify a progressive shift in how the nation perceives and manages digital assets, covering a wide spectrum of cryptocurrency-relate ...
Uzbekistan Approves Private Banks for Virtual Cryptocurrency Cards
The Uzbek authorities have authorized private banks Ravnaq Bank and Kapital Bank to issue virtual cryptocurrency cards. This is reported by the National Agency for Advanced Projects (NAPP). The NAPP approved Ravnaq Bank's participation in a pilot project to develop a virtual bank card that can ...
UzNEX Crypto Card Project Gains Momentum: Uzbekistan’s Crypto Landscape
They will take part in the Crypto Card project - UzNEX. From 2022 in Uzbekistan you can buy cryptocurrency only on a licensed platform. The only official service provider remains the UzNEX exchange. The National Agency for Perspective Projects of Uzbe ...