Uzbekistan has no plans to ease crypto payments ban, says official

One official said that after banning crypto payments in late 2019, Uzbekistan won’t ever reconsider its decision. Read the full article by: Helen Partz

Key Points:

  • Behzod Khamraev, deputy chairman of the Central Bank of Uzbekistan, says that BTC is speculative and will never be equal to any fiat currency. He also said we may never see BTC be accepted in the country as a means of payment.

  • In 2019 Uzbekistan put out and order to their citizens saying “Crypto assets cannot be used as a method of sending or receiving payments on the territory of the Republic of Uzbekistan,”.

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