Presidential Decree Places Legalization of Cryptocurrencies on the Table in Uzbekistan

2018-7-5 04:20

Economy & Regulation

The executive power in Uzbekistan has advanced towards legalizing cryptocurrencies and implementing blockchain technology in both government and economy.
A new decree signed by President Mirziyoyev mandates licensing for trading and other activities related to the circulation of digital coins.
President Shavkat Mirziyoyev has issued a special decree that will help prepare the legal ground for the implementation of blockchain technologies, the circulation of cryptocurrencies, and the regulation of mining.
Introducing Licensing for Crypto Exchanges
Advancing towards legalizing and regulating the sector, the presidential decree mandates the introduction of a licensing regime for activities related to the circulation of crypto assets.
Do you expect Uzbekistan to quickly legalize cryptocurrencies and crypto activities?

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