Uzbekistan Licenses 2 Crypto Exchange Service Providers

Uzbekistan Licenses 2 Crypto Exchange Service Providers

The regulatory body overseeing the crypto market in Uzbekistan has issued licenses to two companies that will be providing exchange services. The decision to authorize their activities aims to make it easier for Uzbekistanis to purchase and sell digital currencies, the agency said.

2 Crypto Exchanges Licensed to Trade Coins in Uzbekistan

Uzbekistan’s National Agency of Perspective Projects (NAPP) has granted licenses to two entities established to offer cryptocurrency exchange. Crypto Trade NET and Crypto Market have been registered as “service providers in the field of crypto assets turnover,” the authority announced.

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The NAPP, which is subordinated to the presidency in Tashkent, is the main regulator for the Central Asian nation’s crypto sector. “The Republic of Uzbekistan is one of the few countries in the

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