Uzbekistan Publishes Crypto Regulatory Framework, Appoints Supervisory Agency


Starting January 1, 2023, Uzbek residents will be able to buy or sell cryptocurrency only on local exchanges, which must verify user identities through a know-your-customer (KYC) process and store data on all transactions. . for five years. Crypto service providers cannot facilitate trading in "anonymous crypto assets," a term that is not explained in the document.