Uzbek officials have begun awarding regulatory permissions to local crypto service providers as the country prepares to implement a new cryptocurrency framework in 2023. This adoption is expected to take place in 2023.
According to an official declaration that was made public on November 17, the National Agency for Perspective Projects (NAPP), which serves as the primary cryptocurrency market regulator in Uzbekistan, has completed the distribution of the first crypto licenses in the country.
Both Crypto Trade NET LLC and Crypto Market LLC, both of which are referred to as “cryptocurrency stores,” have received licenses that formally permit them to provide services connected to cryptocurrencies.
Tashkent is listed as the location of operations for both Crypto Trade NET and Crypto Market in the data obtained from the electronic license registration maintained by the NAPP.
Behzod Achilov is not only the owner of Crypto Trade NET, but…
