{"id":36818,"date":"2023-01-25T09:37:34","date_gmt":"2023-01-25T09:37:34","guid":{"rendered":"https:\/\/lydian.io\/?p=36818"},"modified":"2023-01-25T09:37:35","modified_gmt":"2023-01-25T09:37:35","slug":"uzbekistan-grants-first-crypto-licenses-to-two-local-crypto-shops","status":"publish","type":"post","link":"https:\/\/lydian.io\/uzbekistan-grants-first-crypto-licenses-to-two-local-crypto-shops\/","title":{"rendered":"Uzbekistan Grants First Crypto Licenses to Two Local \u201cCrypto Shops\u201d","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
\n
\n \t<\/i> Read Time:<\/span>1 Minute, 47 Second <\/div>\n\n <\/div>

<\/p>\n

As Uzbekistan prepares to launch a brand new cryptocurrency framework in 2023, Uzbek regulators have began issuing regulatory approvals to native crypto service suppliers.<\/p>\n

The Nationwide Company for Perspective Initiatives (NAPP), Uzbekistan's largest cryptocurrency market watchdog, has issued the nation's first crypto licenses, in accordance with an official announcement released<\/a> on Nov 17<\/p>\n

The licenses formally authorize the providing of cryptocurrency-related companies by two \u201ccryptocurrency companies\u201d together with Crypto Commerce NET LLC and Crypto Market LLC.<\/p>\n

Based on the NAPP Digital License Registry, each Crypto Commerce are NET and Crypto Market based<\/a> in Tashkent. The information additionally refers to Kamolitdin Nuritdinov as the only founder and shareholder of Crypto Market. Behzod Achilov can be the only founder and shareholder of Crypto Commerce NET.<\/p>\n

On the time of writing, neither platform appears to have a working web site.<\/p>\n

Based on the announcement, the NAPP has licensed the 2 corporations primarily based on the Presidential Decree issued in April 2022, which establishes guidelines for the circulation of crypto belongings in Uzbekistan.<\/p>\n

\u201cCryptoshops intention to supply residents with simpler entry to purchase or promote crypto belongings,\u201d the assertion stated, including:<\/p>\n

\"The company urges residents to be as vigilant as attainable and to not use the companies of digital platforms that haven't acquired a license to function on the territory of the Republic of Uzbekistan within the prescribed method.\"<\/p>\n

The information comes shortly after the Uzbek authorities blocked a lot of main international crypto exchanges for not being correctly licensed to supply crypto buying and selling companies.<\/p>\n

Associated: <\/strong>Russia intends to launch a \u201cnationwide crypto alternate\u201d.<\/strong><\/p>\n

The lockdown affected crypto giants like Binance and Huobi, whereas customers have been reportedly nonetheless in a position to entry their web sites utilizing VPN companies. After the measures have been introduced in August 2022, the NAPP has apparently since turned off<\/a> this assertion.<\/p>\n

The most recent licenses come amid Uzbekistan, which is actively getting ready to introduce a brand new crypto regulatory framework in a matter of months. From January 1, 2023 the federal government of Uzbekistan enable<\/a> the availability of crypto companies to Uzbek residents solely by licensed cryptocurrency companies.<\/p>\n

Source link <\/a><\/p>\n

\n
\n \n
\n \n \"Happy\"\n <\/a>\n
\n Happy <\/div>\n
\n 0<\/span>\n \n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Sad\"\n <\/a>\n
\n Sad <\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Excited\"\n <\/a>\n
\n Excited <\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Sleepy\"\n <\/a>\n
\n Sleepy <\/div>\n
\n 0<\/span>\n \n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Angry\"\n <\/a>\n
Angry<\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n \n <\/div>\n <\/div>\n\n
\n \n \"Surprise\"\n <\/a>\n
Surprise<\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n <\/div>\n <\/div>\n\n ","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"

As Uzbekistan prepares to launch a brand new cryptocurrency framework in 2023, Uzbek regulators have began issuing regulatory approvals to […]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":5,"featured_media":36819,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":"","_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[7],"tags":[94,1226,1042,2458,2459,2457],"acf":[],"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/lydian.io\/wp-json\/wp\/v2\/posts\/36818"}],"collection":[{"href":"https:\/\/lydian.io\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lydian.io\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lydian.io\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/lydian.io\/wp-json\/wp\/v2\/comments?post=36818"}],"version-history":[{"count":2,"href":"https:\/\/lydian.io\/wp-json\/wp\/v2\/posts\/36818\/revisions"}],"predecessor-version":[{"id":38222,"href":"https:\/\/lydian.io\/wp-json\/wp\/v2\/posts\/36818\/revisions\/38222"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lydian.io\/wp-json\/wp\/v2\/media\/36819"}],"wp:attachment":[{"href":"https:\/\/lydian.io\/wp-json\/wp\/v2\/media?parent=36818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lydian.io\/wp-json\/wp\/v2\/categories?post=36818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lydian.io\/wp-json\/wp\/v2\/tags?post=36818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}