First licensed crypto stores in CIS appeared in Uzbekistan

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The National Agency for Perspective Projects (NAPP) of Uzbekistan has begun issuing the first licenses for the operation of crypto stores, the press service of the NAPP of Uzbekistan reported.

According to the Agency, Uzbekistan is one of the few countries in the world that has a well-formed regulatory framework for regulating the circulation of crypto assets.

Based on the above regulatory legal acts, the Agency issued the first licenses for the operation of the crypto store Crypto Trade NET LLC and Crypto Market LLC. Crypto shops will facilitate the process of buying or selling crypto assets, NAPP reports.

Registered crypto stores became the first not only in Uzbekistan, but also in Central Asia and the CIS. The Agency also urged citizens to be vigilant and not use the services of unlicensed crypto intermediaries.

CentralasianLIGHT.org

November 21, 2022