Uzbekistan is moving to bring stablecoins into its formal payment system, starting with a tightly controlled development ...

By Mokhi Sultanova in Tashkent Year on year, Uzbekistan’s foreign trade turnover expanded by $11.75bn, or 21.5%, to $66.5bn in January-October, according to the state statistical agency. The trade ...

Uzbekistan plans to further liberalize the foreign exchange market this year, Trend reports citing the Uzbek media. The draft state program for 2019 notes that the Central Bank, the Finance and ...

In an unusual move, Uzbekistan is reportedly looking to create a national cryptocurrency mining pool and digital asset exchange. One of the country’s government bodies, the National Agency for Project ...

Uzbekistan’s cryptocurrency regulator has blocked access to international exchanges, as part of Tashkent’s efforts to keep alternative payment systems on a tight leash. Since August 9 traders wishing ...

TASHKENT, Aug 10 (Reuters) - Uzbekistan's central bank may intervene to prevent excessive depreciation of the national sum UZS= currency which has come under pressure due to the weakening of other ...

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ASTANA, May 23 (Reuters) - After liberalising its foreign exchange system, Uzbekistan now needs to restructure its entire economy distorted by the decades of strict currency and price controls, ...

The European Bank for Reconstruction and Development (EBRD) is providing a synthetic local-currency facility of up to US$ 40 ...

Uzbek President Shavkat Mirziyoev has simplified regulations on the movement of foreign currency into and out of the country. Beginning on January 1, 2018, travelers will not need permission from ...

ALMATY (Reuters) - Uzbekistan plans to allow its citizens to buy and sell foreign currency at banks and exchange bureaus from early September, two banking sources told Reuters on Thursday. The measure ...