Central Asia fintech news
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Uzbekistan prepares new cybersecurity requirements for banks and fintech
The Senate is reviewing a bill in its second reading that designates the Ministry of Internal Affairs as the primary regulator for combating cybercrime.
Freedom Bank agrees to integrate QR payments with China's Weixin Pay
Freedom SuperApp users will be able to pay for purchases in China by scanning local QR codes. The bank signed a memorandum with the TenPay Global platform.
Kazakhstan becomes a founding member of the World AI Cooperation Organization (WAICO)
The republic joins 28 countries to develop global rules for neural network governance. For the financial sector, this is a step toward clear standards in scoring and anti-fraud.
National Bank of Kazakhstan launches in-house AI platform and GPU cluster for supervision and analytics
The central bank deployed proprietary AI infrastructure to monitor the financial system.
Central Bank of Uzbekistan updates rules for Islamic banks
The regulator amended eight regulations, defining requirements for capital, liquidity, and Islamic financial instruments.
ITFC and Hamkorbank close Uzbekistan's largest Islamic trade finance deal
The international corporation and the Uzbek bank launched a $100 million trade finance project
IT Park Uzbekistan prepares residents to enter the Tajikistan market
The technopark will hold a practical seminar on IT service exports and regulatory barriers in the neighboring country
IT vendor Rocket Tech shifts internal processes to AI agents, automating 80% of routine tasks
The Kazakhstani developer tested a multi-agent system on its own operations. The company now offers corporate process audits based on its use cases.
IT Park Uzbekistan and China Construction Bank agree to finance regional IT complexes
The partnership opens access to Chinese capital for building infrastructure outside Tashkent
Uzbekistan legalizes bonded warehouses for cross-border trade
The Cabinet of Ministers approved operating rules for bonded warehouses and e-commerce platforms handling foreign retail goods.
Uzbekistan studies Hong Kong's experience to bring local fintech companies to Asian capital markets
A delegation from IT Park Uzbekistan and Enterprise Uzbekistan held talks with Hong Kong financial regulators on developing digital assets and implementing common law standards.
Uzbekistan's NAPP Admits Hamkorbank and HBCapital to Test Foreign Currency Bonds in Sandbox
Two financial players have received the status of participants in a special legal regime for the pilot issuance of corporate debt securities.