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From Kazakhstan to Uzbekistan: How Cryptocurrencies Are Regulated in Central Asia

Published 09/15/2018, 06:38 AM
Updated 09/15/2018, 07:01 AM
From Kazakhstan to Uzbekistan: How Cryptocurrencies Are Regulated in Central Asia

As been reported on September 2, the president of Uzbekistan, Shavkat Mirziyoyev, ordered the establishment of a state blockchain development fund called the "Digital Trust." Earlier in September, a decree legalizing crypto trading — also making it tax-free — and mining in the country came into force, making Uzbekistan a crypto-friendly state. But how is the rest of the Central Asia region is holding up?

The list below is based on thorough news research, but should in no way be considered complete. If you have more detailed information on banks and the crypto relationship in your country, we encourage you to share it in the comment section.

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