Uzbekistan’s president issues decree to adopt special crypto framework

2022.05.03 15:36

Uzbekistan’s president issues decree to adopt special crypto framework

The Republic of Uzbekistan continues to progress with local cryptocurrency regulations, with Uzbek President Shavkat Mirziyoyev issuing a new decree regulating the industry.

Released on Wednesday, the new decree instructs a reorganization of a major presidential agency known as the National Agency for Project Management (NAPM). The authority has previously promoted crypto trading in Uzbekistan, proposing to allow residents to conduct all types of crypto trades in 2021.

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