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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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Uzbekistan to launch compliance rating for securities issuers on December 18

NAPP will divide companies into four categories based on transparency and shareholder rights compliance.

Separate Bank Accounts to Become Mandatory for Marketplaces and Sellers in Uzbekistan

Starting in December 2026, sellers, couriers, and taxi drivers must receive income in special accounts or card-linked e-wallets.

Asia Alliance Bank Registers Uzbekistan's First Foreign Currency Bond Issue

The $20 million issuance will take place within the NAPP regulatory sandbox.

Kazakhstan proposes automatic deduction of self-employed social payments via banking apps

The Ministry of National Economy has drafted Tax Code amendments granting banks and marketplaces new fiscal functions.

Central Asian regulators choose technical integration of payment systems over unified legislation

Regional countries abandon the idea of a supranational regulator in favor of QR code interoperability and open banking

Uzbekistan's installment market to face regulation in 2027. What changes for business and buyers

The Central Bank will create a registry of installment operators, cap contract terms, and require retailers to share data with credit bureaus.

Kazakhstan plans to exempt QR payments and mobile transfers from VAT

The government is discussing expanding tax exemptions to all types of digital payments under the new Tax Code

Halyk Bank plans to obtain an Islamic finance license

Kazakhstan’s largest bank is preparing to open an “Islamic window” following changes to industry legislation.

Innovation hub, venture fund, and digital som: How the Central Bank of Uzbekistan will develop fintech

The regulator is moving to practically implement its 2030 strategy, from building startup infrastructure to testing a CBDC.

Kazakhstan introduces 14-day cooling-off period for loans and insurance

Starting October 2026, borrowers can cancel unsecured loans and bundled services without penalties. Banks are banned from using pre-checked boxes in apps.

Uzbekistan overhauls installment purchase rules: new requirements for consumers and operators

A government decree introduces an updated regulatory framework for installment services, including purchase limits and mandatory Central Bank registration.

Islamic securities debut on KASE as a new asset class for investors

Kazakhstan Stock Exchange adds Islamic instruments to its trading registry