Kryptotrading wird in Usbekistan legal

Uzbekistan's regulator (NAPM) has issued a decree, which will change and supplement the licensing procedure for trading in the country

The document says that residents of the state can exchange and conduct other transactions with any digital assets and fiat currencies. All risks relating to the choice of asset type and possible consequences, the crypto-investor takes over.

These changes in the legislation will create favorable conditions for the further development of the crypto industry. The main thing now is to develop a base for the trading legalisation. Update registration procedures, refine laws regarding the emission and circulation of digital assets.

In this country crypto-trading was banned in 2019. Then, in 2020, it was allowed on the Uznex. So, the news about the legal crypto exchange will be well received by the Uzbek citizens.

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