You Can Sell It, You Can’t Buy It: Rules of Cryptocurrency Trading in Uzbekistan

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You Can Sell It, You Can’t Buy It: Rules of Cryptocurrency Trading in
Uzbekistan
There are no unified rules of digital money market regulation. Each country decides itself on
how to take this type of asset, how to impose taxes on transactions in cryptocurrencies, and
the electricity rates for mining farms.
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CABAR.asia has collected all you need to know about transactions in cryptocurrency and
mining in Uzbekistan.
What documents regulate operations in
cryptocurrency in Uzbekistan?
The decree of the president of the Republic of Uzbekistan dated July 3, 2018 No.
PP-3832 “
On measures to develop digital economy in the Republic of Uzbekistan
”
The decree of the president of the Republic of Uzbekistan dated September 2, 2018
No. PP-3926 “
On measures to organise operations of cryptoexchanges in the
Republic of Uzbekistan
”
The decree of the president of the Republic of Uzbekistan dated September 2, 2018
No. PP-3927 “
On establishment of the fund to support digital economy development
‘Digital Trust’
”
Cryptoexchanges licensing order regulations 
 (order of the National Agency of
Project Management under the President of Uzbekistan dated January 21, 2019 No.
16)
Cryptocurrency trading rules 
 (order of the director of the National Agency of Project
Management under the President of Uzbekistan dated December 6, 2019 No. 172)
What transactions can be carried out in
cryptocurrency in Uzbekistan?
According to the Cryptocurrency Trading Rules, the residents of Uzbekistan may not buy
digital currency. They are allowed only to sell cryptoassets and tokens.

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You Can Sell It, You Can’t Buy It: Rules of Cryptocurrency Trading in
Uzbekistan
This restriction is not applicable to the residents of other countries. They are free to buy
and sell cryptoassets provided that they are identified and have official contracts.
Any anonymous transactions in cryptocurrencies are prohibited in Uzbekistan. In addition,
cryptoassets may not be used in Uzbekistan as the means of payment. National Agency of
Project Management under the President of Uzbekistan (NAPU) is the authority regulating
transactions in cryptocurrencies.