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News

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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IMF Officially Recommends Kazakhstan Implement Digital Tenge to Control State Expenditures

IMF Officially Recommends Kazakhstan Implement Digital Tenge to Control State Expenditures

The International Monetary Fund sees the national digital currency as a tool for tracking budget funds in real time.

🇰🇿 Kazakhstan|ПродуктJune 22, 2026
ARDFM to Complicate Account Opening for Foreigners in Kazakhstan

in Kazakhstan

ARDFM to Complicate Account Opening for Foreigners

The regulator has prepared amendments to financial monitoring rules. Banks will have to request more documents and revise risk assessments for non-residents.

🇰🇿 Kazakhstan|RegulationJune 19, 2026
Halyk Bank Fined for Flaws in Financial Monitoring System

Halyk Bank Fined for Flaws in Financial Monitoring System

The ARDFM's banking regulation department identified violations in the internal controls of Kazakhstan's largest bank. The issue concerns procedures, not actual money laundering.

🇰🇿 Kazakhstan|RegulationJune 18, 2026
Return of the debt-to-income ratio will cool Kazakhstan's car loan market from 2027

Return of the debt-to-income ratio will cool Kazakhstan's car loan market from 2027

On January 1, 2027, the ARDFM will end the period of regulatory relief. Banks will once again factor in the DTI ratio when issuing car loans, limiting access for clients with high debt burdens.

🇰🇿 Kazakhstan|ПродуктJune 17, 2026
Central Bank of Uzbekistan to Introduce Public Bank Ranking for Customer Service Quality

Central Bank of Uzbekistan to Introduce Public Bank Ranking for Customer Service Quality

The regulator will start naming banks with the worst service and set a one-hour response time standard for clients.

🇺🇿 Uzbekistan|RegulationJune 17, 2026
Uzum Market Prepares for Cross-Border Sales in Central Asian Countries

Uzum Market Prepares for Cross-Border Sales in Central Asian Countries

The Uzbek marketplace is developing tools for goods export. For the region's fintech market, this means potential demand for cross-border acquiring and local BNPL partnerships.

🇺🇿 Uzbekistan|ЭкспансияJune 16, 2026
National Bank of Kazakhstan sets July 19 deadline for banks to connect to unified QR

National Bank of Kazakhstan sets July 19 deadline for banks to connect to unified QR

The regulator's head, Timur Suleimenov, confirmed there will be no exceptions for anyone, but the question of fines for missing the deadline remains open.

🇰🇿 Kazakhstan|ЛюдиJune 15, 2026
Bill on Tashkent Financial Center based on English law submitted to the Senate

Bill on Tashkent Financial Center based on English law submitted to the Senate

The lower house of Uzbekistan's parliament has approved the creation of the TIFC and an independent commercial court. Launching the hub will require amendments to the Constitution.

🇺🇿 Uzbekistan|ИнфраструктураJune 15, 2026
ANORBANK and Startup Redeem Launch AI Platform for Corporate Payments

ANORBANK and Startup Redeem Launch AI Platform for Corporate Payments

The Uzbek bank is integrating a solution from a Tashkent-based startup to automate business payments for fuel and services. The system replaces plastic cards and manual invoicing.

🇺🇿 Uzbekistan|AIJune 14, 2026
Bank CenterCredit Launches UnionPay QR Payments Abroad and WeChat Pay in China

Bank CenterCredit Launches UnionPay QR Payments Abroad and WeChat Pay in China

The Kazakhstani bank has added a feature to its mobile app for scanning Asian payment terminals.

🇰🇿 Kazakhstan|ЛюдиJune 12, 2026
Kazakhstan Stock Exchange Unveils Digital Asset Platform

Kazakhstan Stock Exchange Unveils Digital Asset Platform

KASE is preparing infrastructure for the issuance and circulation of DFAs with the participation of the National Bank.

🇰🇿 Kazakhstan|ЛюдиJune 12, 2026
Uzbekistan's Mikrokreditbank Announces Opening of Custodial Account with BNY Mellon

Uzbekistan's Mikrokreditbank Announces Opening of Custodial Account with BNY Mellon

According to the bank, the new infrastructure should accelerate settlements for international securities, but product details for clients have not yet been disclosed.

🇺🇿 Uzbekistan|ИнфраструктураJune 11, 2026
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