Category: Uzbekistan

In 2024, Uzbekistan’s cryptocurrency legislation landscape reflects the country’s strategic approach to integrating digital finance into its economy, while maintaining a regulatory framework that addresses both the potential and challenges of this innovative technology. As a rapidly developing economy in Central Asia, Uzbekistan’s stance on cryptocurrency regulation offers insights...

Early Initiatives and Regulations In Uzbekistan, the government took initial steps towards regulating cryptocurrencies with several presidential decrees. A key decree, signed in February 2018, aimed to establish a legal framework for electronic money, including cryptocurrencies. This was followed by a decree in July 2018, focusing on the development...