{"id":483954,"date":"2022-08-12T21:30:00","date_gmt":"2022-08-12T18:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/uzbekistan-blocks-access-to-foreign-crypto-exchanges-over-unregistered-trading\/"},"modified":"2022-08-12T21:30:00","modified_gmt":"2022-08-12T18:30:00","slug":"uzbekistan-blocks-access-to-foreign-crypto-exchanges-over-unregistered-trading","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/uzbekistan-blocks-access-to-foreign-crypto-exchanges-over-unregistered-trading\/","title":{"rendered":"# Uzbekistan blocks access to foreign crypto exchanges over unregistered trading"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a32260ec4a6c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a32260ec4a6c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/uzbekistan-blocks-access-to-foreign-crypto-exchanges-over-unregistered-trading\/#%E2%80%9D_Uzbekistan_blocks_access_to_foreign_crypto_exchanges_over_unregistered_trading_%E2%80%9C\" >&#8221; Uzbekistan blocks access to foreign crypto exchanges over unregistered trading   &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Uzbekistan_blocks_access_to_foreign_crypto_exchanges_over_unregistered_trading_%E2%80%9C\"><\/span>&#8221; Uzbekistan blocks access to foreign crypto exchanges over unregistered trading   &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvN2E5MjhiNDItNzI3MS00MjM5LWJjM2QtZDYzNWMxZTllNjYyLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-28d77a7a>The government of Uzbekistan, which has previously made significant steps toward a moderate <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roach to crypto, announced Wednesday that it has restricted access to a number of large international crypto exchanges due to accusations of unlicensed activity.\u00a0<\/p>\n<p>In a statement from Aug. 10, the National Agency of Perspective Projects (NAPP) projects <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/napp.uz\/en\/press_center\/news\/information-statement2\/\">informed<\/a> that \u201cvarious electronic platforms\u201d provide services for trade and exchange of crypto-assets without obtaining the required license in violation of the existing legislation and thus access to them was restricted. <\/p>\n<p>However, the tone of the statement suggested that after obtaining a license and fulfilling the requirement to deploy servers on the territory of the Republic of Uzbekistan, as prescribed by law, there should be no further obstacles to foreign exchanges providing their services. As for now: <\/p>\n<blockquote><p>\u201cThey have no legal responsibility for transactions with crypto-assets, and cannot guarantee the legitimacy of transactions, as well as the proper storage and protection of confidentiality of personal data of citizens of the Republic of Uzbekistan.\u201d<\/p><\/blockquote>\n<p>The existing legislation that is being referred to is the presidential decree from July 3, 2018, &#8220;On measures to develop the digital economy and the sphere of crypto-assets turnover in the Republic of Uzbekistan.&#8221; <\/p>\n<p>Related: <strong><em>What Kazakhstan\u2019s new tax regime means for the crypto mining industry<\/em><\/strong><\/p>\n<p>The NAPP itself gained the status of principal crypto regulator in the country fairly recently \u2014 at the end of April 2022, President Shavkat Mirziyoyev issued a decree on regulating the industry, committing the newly formed agency to the mission of adopting a \u201cspecial crypto regulation regime\u201d in Uzbekistan. <\/p>\n<p>In June, the NAPP said it would only allow companies using solar energy to mine Bitcoin (BTC) or other cryptocurrencies in the country. The executive order also obliged any mining operator to obtain a certificate and register in the national registry of crypto mining companies.<\/p>\n<p>Binance, FTX and Huobi are among the global exchanges that were being used by Uzbeki crypto investors. Cointelegraph reached out to confirm the situation with them and will update the story once new information becomes available.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/uzbekistan-blocks-access-to-foreign-crypto-exchanges-over-unregistered-trading\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Uzbekistan blocks access to foreign crypto exchanges over unregistered trading &#8220; The government of Uzbekistan, which has previously made significant steps toward a moderate approach to crypto, announced Wednesday that it has restricted access to a number of large international crypto exchanges due to accusations of unlicensed activity.\u00a0 In a statement from Aug. 10,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":483955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvN2E5MjhiNDItNzI3MS00MjM5LWJjM2QtZDYzNWMxZTllNjYyLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75014,75591,25196,70934],"class_list":["post-483954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-binance","tag-huobi","tag-asia","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/483954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=483954"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/483954\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/483955"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=483954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=483954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=483954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}