Uzbekistan Unblocks Popular Russian Crypto Exchange Aggregator – Exchanges Bitcoin News
The government body overseeing the crypto market in Uzbekistan has restored access to the Bestchange.ru exchange aggregator.
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The government body overseeing the crypto market in Uzbekistan has restored access to the Bestchange.ru exchange aggregator.
Digital asset service providers in Uzbekistan may have their licenses revoked if they fail to settle a monthly operational fee under a new regulation imposed to prop up the government's budget.
Crypto firms licensed in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators.
At the time of writing, Uzbekistan has licensed only one known digital asset exchange: South Korea's UZNEX.
The government in Uzbekistan has blocked internet access to unlicensed crypto exchanges based outside of the country, citing a need to protect its citizens from “fraudsters.”