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Central Asia fintech news

Market updates on regulation, banking products, payments, deals and digital services across Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, Turkmenistan and Azerbaijan.

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Halyk Bank plans to obtain Islamic banking license

Bank shareholders approved the creation of a Sharia council and amended the charter to operate under Islamic finance rules

AFSA Warns of Fake License Under the Name Investlink Ltd: Event of the Week and 16 More

“Regulators” — what the region’s financial regulators decided this week and what shifted in market infrastructure: licenses, exchanges, payment systems, and new rules. Compiled from official regulator announcements and primary sources, by country.

ARDFM to hold full-scale cyber drills for Kazakhstan's banks in 2027

The agency will test the defenses and system recovery speeds of players controlling 90% of the sector’s assets.

NAPP allows Uzbekistan crypto exchanges to delegate KYC to third-party services

The regulator updated AML control rules: platforms can outsource client verification, but compliance officer requirements have tightened.

Home.kz crashes after update, while Anorbank praised for support: Central Asian banking app feedback

“Feedback” — what users praise and criticize in Central Asian banking apps. We break down weekly App Store reviews by bank, covering ratings, frequent complaints, and praise.

Kyrgyz Parliament Approves Binary Options Ban in First Reading

A parliamentary committee backed criminalizing the organization of binary options and unlicensed online lotteries.

Central Bank of Uzbekistan drafts unified anti-fraud rules for banks and fintech

The regulator published draft requirements. Medium-risk operations will require verification, while high-risk ones will be blocked.

National Bank of Kazakhstan implements SupTech platform for payment market supervision

The regulator discussed new internal control rules, cross-border transaction monitoring, and a separate category for payment organizations with market participants.

DC Next launches virtual UnionPay card in Tajikistan

Tajik digital bank DC Next has added instant issuance of virtual UnionPay cards to its mobile app.

Kazakhstan to rewrite capital market law for the first time in 23 years

The new draft simplifies exchange access for businesses, protects retail investors from complex products, and defines the legal status of digital assets.

AFSA recognizes clearing participation certificates as a qualified investment instrument

The Kazakh regulator expanded the collateral asset base to simplify financial institutions’ access to short-term liquidity.

BlackRock ready to channel more capital into Kazakhstan

The fund’s chief investment strategist Ben Powell called pension system and capital market reforms key triggers for investors