Uzbekistan Publishes Crypto Regulation Framework, Assigns Supervising Agency

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As of Jan. 1, 2023, Uzbekistan residents will be able to buy or sell crypto only on the local exchanges, which must verify the identity of users through a know-your-customer (KYC) process, and store data about all the transactions for five years. Crypto service providers are not allowed to facilitate trading with “anonymous crypto assets,” a term not explained in the document.



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