Blockchain & Cryptocurrency
General Overview
Uzbekistan has taken proactive steps to establish a clear and comprehensive regulatory framework for crypto-assets, demonstrating its recognition of the potential benefits of blockchain technology. The establishment of the National Agency for Perspective Projects (NAPP) as the regulatory body underscores the government's commitment to overseeing and fostering the development of the crypto-asset sector.
Key Reforms and Opportunities
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Legal Recognition: Cryptocurrencies are recognized as property rights, providing a legal foundation for their use and trade.
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Licensing Framework: A defined licensing system for crypto-exchanges, mining pools, crypto-depositories, and crypto-shops.
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Clear Guidelines: The requirement for all crypto-asset transactions to be conducted through licensed platforms and for clear risk disclosures in crypto-related advertising.
These reforms create a favorable environment for businesses and investors interested in exploring opportunities in the blockchain and cryptocurrency space in Uzbekistan. The government's proactive approach to regulation fosters a sense of legitimacy and stability, encouraging innovation and investment in this emerging sector.
Our Services
Our consulting firm is ready to assist your business in navigating the evolving landscape of blockchain and cryptocurrency in Uzbekistan. We offer a range of services designed to help you establish, operate, and thrive in this dynamic sector while ensuring full compliance with the regulatory framework.
Our Services for the Blockchain & Cryptocurrency Sector include:
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Registration and Licensing for crypto-exchanges, mining pools, crypto-depositories, and crypto-shops;
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Regulatory Guidance in contract drafting and review, intellectual property protection, dispute resolution, and compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations;
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Support for ICOs and tokenization projects, including legal structuring, regulatory compliance, and investor relations.
Partner with us to leverage our expertise and experience in the blockchain and cryptocurrency sector. We are dedicated to helping you establish, operate, and grow your business in this rapidly evolving market while ensuring full compliance and maximizing your success potential.