Uzbekistan Plans to Regulate Digital Currencies

Uzbekistan will post its plans to control Bitcoin in September 2018, with a Blockchain skill center set to start working in July, as stated by Uzbekistan’s information outlet Vzglyad on February 21. In line with Vzglyad, the Uzbekistan’s president Shavkat Mirziyoyev noted plans for a document outlining regulatory plans for Bitcoin, digital currency and Blockchain technology.


The legislative proposals will come courtesy of some of Uzbekistan’s government ministries and the central bank, in addition to numerous different authorities. Digital currency law is a hot point of interest for former Soviet bloc states these 12 months.

Neighboring Kazakhstan remaining 12 months signaled its desire to replicate Singapore’s Blockchain permissiveness, even as Belarus has additionally stated that it needs to create attractive surroundings for the progressive economic technology such as Blockchain.


The dedicated Blockchain skill center can be hosted the Mirzo Ulugbek Innovation center within the Uzbekistan’s capital Tashkent. However, as Uzbekistan’s information resources stated, will be formulating situations for the usage of Blockchain’s capability, growing expert potential and assisting local developers in its uptake. The center is because of start its official activities on July 1.


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