Science
Conference

The Prospects for Legalizing Crypto Trading in Uzbekistan

Madina Yakubova

Tashkent State University of Law
Science Conference
Volume: 1
Issue: 1
Date: December 22, 2023
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Abstract

As cryptocurrencies grow in global popularity, Uzbekistan has an opportunity to become a regional leader in crypto adoption and innovation. However, regulatory uncertainty and restrictive policies currently deter domestic crypto trading and blockchain investment. This article analyzes the crypto landscape in Uzbekistan, barriers to formal crypto markets, benefits and risks of legalization, and provides targeted policy recommendations focused on governance, licensing, taxation, and consumer protection. With smart legalization efforts, Uzbekistan can foster crypto innovation while managing risks.

Keywords

Cryptocurrency, Uzbekistan, Legalization, Blockchain Technology, Regulatory Framework, Consumer Protection

References

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