Uzbekistan's Legal Crypto Market Turnover Reaches $2 billion

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TASHKENT — Uzbekistan's digital asset market achieved record levels in 2025, with crypto asset turnover exceeding $2 billion. This was reported by the National Agency for Prospective Projects (NAPP) of Uzbekistan, summing up the year-end results of industry regulation.

The agency has strengthened enforcement of the law: a number of foreign crypto platforms have been fined for violations. The companies chose to settle the claims out of court, paying the fines under confidentiality conditions. At the same time, the NAPP blocked more than 3,000 illegal online resources, including online casinos, bookmakers, and unregistered trading platforms.

The Official Market: Facts and Figures

Currently, 21 licensed companies working with digital assets are registered in the state registry of Uzbekistan:

3 crypto exchanges;

12 crypto stores;

6 asset depositories. The development of the legal sector has contributed to the creation of over 200 new jobs. The audience of crypto services in the country has exceeded 663,000 users, with the vast majority being residents of Uzbekistan.

Budget Revenues and Legal Framework

Since the introduction of regulation in 2022, the crypto industry has generated over 107 billion soums in state budget revenues in the form of license fees and regular payments.

At the same time, the NAPP noted existing restrictions: despite the legalization of the storage and trading of digital assets, the use of cryptocurrencies as a means of payment for goods and services remains prohibited in Uzbekistan.

CentralasianLIGHT.org

March 30, 2026