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National Agency of prospective projects of the Republic of Uzbekistan
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IFORMATION STATEMENT

29.12.2022
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The National Agency of Perspective Projects of the Republic of Uzbekistan (NAPP) would like to remind all citizens and legal entities of Uzbekistan starting from January 1st, 2023, all operations (purchase, sale, crypto-assets exchange and etc.) with crypto-assets must be carried out through national Service Providers according to special legal acts.

Reference: at the same time, the special legal acts, regulating crypto-assets turnover sphere, provided no rights for citizens and legal entities to conduct operations with crypto-assets until January 1st, 2023. NAPP’s statement on legitimacy of foreign platforms use was published on NAPP’s official website this year.

Thus, any transactions conducted with crypto-assets on platforms have not received the appropriate license in Uzbekistan, will be considered as a law violation entailing the established measures of administrative, criminal and other types of responsibility.

Today, in Uzbekistan appropriate licenses were issued and one crypto-exchange and four crypto-shops operations were organized (required information could be found by addressing to the electronic registry on NAPP's official website).

NAPP does urge citizens and entrepreneurs to conduct operations with crypto-assets through the national Service Providers according to norms given with the special legal acts.

 

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