Uzbekistan warns citizens of avoiding non -licensed cryptocurrency exchanges - Exchanges
Uzbekistan warns citizens of avoiding non -licensed cryptocurrency exchanges - Exchanges
A government agency in Uzbekistan has published a list of non-authorized crypto exchanges, the residents of the country have been advised. The trading platforms collect personal data and do not have a responsibility for cryptocurrency transactions, warned civil servants.
authorities in Uzbekistan black list of "unofficial" crypto exchange
The National Agency for Project Management Under the President of Uzbekistan has identified a number of online platforms that offer crypto trade services without permission. During a surveillance campaign on the Internet, the committee registered an increase in the activities of such "unofficial" stock exchanges for digital assets.
The companies behind it offer Uzbek citizens the opportunity to buy, sell or act crypto-assets without having an office in the country. They are usually registered in other jurisdictions and their servers are abroad, but at the same time they collect personal data from residents of the Central Asian Republic, the agency in a. with Note published on its website.
Half a dozen crypto borns websites that aimed at Uzbekistan residents were placed on the black list: webmoneyshkent.com, wmztashkent.com, wm-torg.com, uzwmz.com and bitcountashkent.com. Similar services are also offered via telegram bots and groups. According to the regulatory authority, their providers often remain completely anonymous and can delete a channel quickly.
civil servants have emphasized that these types of platforms do not have legal responsibility for crypto transactions between different parties and cannot guarantee their legitimacy. In addition, you cannot guarantee the proper storage of personal data or the protection of confidentiality. In the announcement it says:
The agency calls on the citizens to be as vigilant as possible, to be careful and not to use the services of such platforms, also so as not to become victims of fraud.
Uzbekistan legalized in 2018, but then in December 2019 the authorities in Taschkent banned from buying cryptocurrencies, although they were able to sell. The National Agency for Project Management has now reminded the public that the establishment of cryptocurrency exchanges subject to licensing exchanges.
The government has tried to promote certain crypto activities. In January 2020, Taschkent unveiled a plan to set up a national mining pools and the initiative was priority presented. The state also said that it would set up a licensed cryptocurrency exchange at which Miner can sell their coins and promised to do this create a blockchain valley and the introduction of crypto tax exemptions. Uznex, a regulated trading platform of the South Korean company Kobea Group, was later in this month.
In September of this year, however, a high -ranking central bank official was cited with the words that cryptocurrencies such as Bitcoin were never recognized as a legal means of payment. The deputy chairman of the Central Bank of the Republic of Uzbekistan ( cbu ) Behzod Hamraev pointed out that in contrast to cryptocurrencies, the national Fiat, which is covered by the assets of the bank. He also expressed his opinion that Bitcoin will never be equated with "world currencies" such as dollars, euros, yen and rubles.
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