Uzbekistan is one of the most active Central Asian countries in crypto regulation with exchange licensing.
Asia · UZS
Uzbekistan was the first Central Asian country to regulate cryptocurrencies.
Regulatory framework approved.
Mandatory exchange licenses.
Sandbox expansion.
Uzbekistan has regulated crypto since 2018. Exchanges need NAPM license. Residents can only trade on licensed exchanges.
Main exchange.
Local exchange.
Available.
Binance or UzNEX > sign up.
KYC with Uzbek passport.
UZS transfer.
Buy.
Losses not deductible.
March 31
Crypto gains taxed as personal income in Uzbekistan.
Personal income tax
March 31
Blockchain hub.
| Country | Users | Adoption | P2P Vol. | Status | Exchange |
|---|---|---|---|---|---|
| 🇺🇿 UzbekistanYou | 300K+ | ~0.9% | $50M+ anual | Regulated | Binance |
| 🇯🇵 Japan | 8M+ | ~7% | $8B+ anual | Regulated | bitFlyer |
| 🇰🇷 South Korea | 15M+ | ~30% | $15B+ anual | Regulated | Upbit |
| 🇸🇬 Singapore | 2M+ | ~35% | $3B+ anual | Regulated | Independent Reserve |
| 🇮🇳 India | 115M+ | ~8% | $5B+ anual | Restricted | Binance |
| 🇻🇳 Vietnam | 16M+ | ~16% | $2B+ anual | Regulated | Binance |
| 🇮🇩 Indonesia | 18M+ | ~6.5% | $3B+ anual | Regulated | Binance |
| 🇹🇭 Thailand | 12M+ | ~17% | $1.5B+ anual | Regulated | Binance |
| 🇵🇭 Philippines | 12M+ | ~10% | $2B+ anual | Regulated | Binance |
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