This jurisdiction has evolving or restrictive regulations that require careful compliance. Additional licensing, reporting, or operational constraints may apply.
Uzbekistan Cryptocurrency Regulatory Overview
Uzbekistan has legalized crypto trading and mining with regulations.
Uzbekistan Blockchain Compliance Requirements
Crypto exchanges must be licensed. Mining is regulated.
Crypto Licensing Requirements in Uzbekistan
Licensing is mandatory for all crypto service providers (crypto-exchange, mining-pool, crypto-depository, crypto-store) and is issued to legal entities that are residents of Uzbekistan. Crypto-exchanges must have a minimum charter fund of 5,000 BEU, with a portion reserved in a bank account, and must comply with AML/KYC procedures.
Cryptocurrency Tax Treatment in Uzbekistan
All cryptocurrency transactions are exempt from taxation (0% tax) for both individuals and legal entities, provided they comply with established regulations.
Crypto Banking Access in Uzbekistan
Limited banking access.
Official Sources & Regulatory References
https://napp.uz/en/pages/service-providers, https://www.elliptic.co/country-guides/uzbekistan, https://www.lexology.com/inhouseview/legal-technology/regulation-and-licensing-of-crypto-custodians-uzbek-perspective, https://thepaypers.com/regulations/news/uzbekistan-plans-2026-stablecoin-and-tokenised-asset-rules, https://blog.mexc.com/wiki/are-there-any-taxes-for-crypto-in-uzbekistan/, https://sher.legal/en/news/ozbekistonda-chet-el-fuqarolari-uchun-maxsus-soliq-rejimi-joriy-etildi
AML/CFT requirements may be stringent or evolving. Enhanced due diligence may be required.
Enforcement actions may be unpredictable or strict. Monitor regulatory developments closely.
Disclaimer: This information is provided for general guidance only and should not be considered legal advice. Regulations change frequently. Always consult with qualified legal professionals in the relevant jurisdiction before making business decisions.