Tag: Uzbekistan

December 27, 2019 BY Mariela Naydenova

Uzbekistan bans its citizens from purchasing cryptocurrencies

Uzbekistan has allegedly banned its citizens from buying cryptocurrencies. According to local news media Novosti Uzbekistana, it was the National Project Management Agency that has barred its citizens from buying digital coins, even ones on established exchanges. The news comes out as a shock to many, especially since Uzbekistan was thought of "crypto friendly" place. For example,…

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September 04, 2017 BY Valentina Kirilova

Uzbekistan citizens allowed to buy FX from September 5

Uzbekistan's President has signed a decree on the liberalization of monetary policy, allowing its citizens and companies to buy foreign currency without restrictions at a market-set rate from September 5, as reported in Gazeta.uz newspaper. This move would be a potentially decisive step on the path towards full convertibility of the country’s sum currency. That would…

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