Four PillarsFour PillarsAsia Digital Asset Policy Center

Central Asia

Uzbekistan

A closed, licence-only market run by NAPP: residents trade through local providers, and a som stablecoin pilot began in 2026.

Ask Asia Navigator about Uzbekistan →

Licences

What it takes to operate in Uzbekistan: 5 licences, who issues each, what it covers and who holds one.

Crypto exchange licence

NAPP · PP-3832 (2018); NAPP Regulation No. 3380 (2022, as amended 2026)

Operating an electronic platform where clients buy, sell and exchange crypto-assets at market quotes.

What it takes
  • Uzbek-resident legal entity with servers in Uzbekistan
  • Paid-up charter capital of at least 5,000 base units, 3,000 of them reserved at an Uzbek bank
  • State fee of 73,400 base units and a monthly charge of 740 base units
  • No borrowed capital, and no shareholders registered in states that do not cooperate internationally on AML/CFT (this replaced the offshore ban on 1 October 2026)
  • AML/CFT internal controls and five-year record keeping
  • NAPP approval for share sales and management changes (from 1 October 2026)

Holders include

2holders, 5 Oct 2026Register

Crypto depository licence

NAPP · PP-3832 (2018); NAPP Regulation No. 3380 (2022)

Safekeeping crypto-assets for clients.

What it takes
  • Uzbek-resident legal entity with servers in Uzbekistan
  • State fee of 7,000 base units and a monthly charge of 5 base units
  • Fit-and-proper managers and founders
  • AML/CFT internal controls

Holders include

6holders, 5 Oct 2026Register

Crypto store licence

NAPP · PP-3832 (2018); NAPP Regulation No. 3380 (2022)

Selling crypto-assets to and buying them from the public at fixed prices, the main retail channel.

What it takes
  • Uzbek-resident legal entity with servers in Uzbekistan
  • State fee of 3,700 base units and a monthly charge of 185 base units
  • Compliance with NAPP advertising rules
  • AML/CFT internal controls

Holders include

13holders, 5 Oct 2026Register

Mining pool licence

NAPP · PP-3832 (2018); NAPP Regulation No. 3380 (2022)

Running a platform that pools computing power for mining.

What it takes
  • Uzbek-resident legal entity
  • State fee of 3,000 base units and a monthly charge of 100 base units
  • Servers located in Uzbekistan
No public countRegister

Mining permit

NAPP · PP-3832 (2018); NAPP Regulation No. 3461 (2023); PP-143 (2026) for the Besqala zone

Industrial mining by legal entities at a registered site.

What it takes
  • Legal entity registered electronically with NAPP
  • Solar power, or grid power at double the tariff with separate metering
  • Mining only at the registered address
  • In the Besqala Mining Valley: Karakalpakstan-registered entity applying via the zone Directorate, paying 1% of mining income monthly instead of taxes

Holders include

  • Nexagrid
1holders, 5 Oct 2026Register

More in Central Asia

Members · free

Sign in to see every licence and holder

One free account opens every market's regulation, licences and companies, the AI tools, letters and the magazine.