Central Asia fintech news
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EU sanctions on Zolotaya Korona reshape Kazakhstan's money transfer market
Following the block on the system that controlled 83% of outbound transfers, Kazakhstanis will have to switch to Western Union and MoneyGram
Uzbekistan to attract $6 billion for AI infrastructure by 2030
The government has signed agreements for private investments in 800 MW of computing capacity. For the financial sector, this provides the physical foundation for local fintech solutions, from heavy credit scoring models to anti-fraud systems.
Uzbekistan mandates local storage of customer biometric data
The Central Bank expanded information security requirements to the entire non-bank lending sector and introduced mandatory biometrics localization.
ARDFM requires Kazakh bank shareholders to plan business rescues ahead of crises
The regulator is changing its approach to financial recovery plans. Bank owners must document available funds for emergency recapitalization and regularly simulate crisis scenarios.
Uzbekistan tightens advertising rules for financial services and insurance literacy
The Senate approved a law requiring financial companies to warn about risks in advertising and include insurance literacy in public service announcements.
Kazakhstan and China agree on memorandum between banking and financial associations
NBK and People’s Bank of China to expand cooperation in regulation and professional development
Kaspi beats Halyk in AI visibility ranking: how neural networks choose Kazakh banks
A study shows artificial intelligence recommends financial products based on media coverage, ignoring the official websites of half the banks.
Uzbekistan Approves Law on Enterprise Uzbekistan International Center Under English Law
The Senate passed a constitutional law creating the legal framework for a digital hub with tax breaks and simplified imports.
Uzbekistan approves rules for banks and MFIs to transition to Islamic model
The Ministry of Justice registered a regulation allowing traditional financial institutions to fully rebuild their business models under Sharia law.
Central Bank of Uzbekistan launches CBU-GPT AI assistant for documents and queries
The Uzbek regulator is deploying artificial intelligence to process documents and automate interactions with financial participants.
Intel's Lip-Bu Tan invests in AI startup NaceAI with Kazakh roots
Bakytzhan Dosa’s project attracts global venture capital. The deal size remains undisclosed, but the move confirms interest in B2B solutions from Central Asia.