Central Asia fintech news
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Central Bank of Azerbaijan Prepares Unified Green Taxonomy and Taxonomy Mapper for the Financial Market
The regulator is moving the international initiative on standardizing sustainable finance into practical application. By the COP31 summit, banks will receive a package of applied tools for investment classification.
Kazakhstan's National Bank and Ministry of Finance to Issue Tokenized Government Bonds by the End of 2026
The first placement of government securities on the blockchain will test the readiness of local infrastructure to handle complex digital assets.
Uzbekistan introduces a special tax regime for foreign crypto investors
The National Agency of Perspective Projects (NAPP) is launching a registry of authorized crypto exchanges to work with non-residents.
KMF Bank Raises $10 Million from Turkic Investment Fund for Business Lending
This is the fund’s first deal in the region. The money will go to support small and medium-sized businesses trading with the organization’s member countries.
AIFC Insights Releases First Comparative Review of Capital Markets in Central Asia and Azerbaijan
The analytical division of the AIFC assessed the infrastructure of four countries. The main takeaway: the region is shifting from building basic institutions to competing for liquidity.
The Central Bank of Uzbekistan Clarifies Rules for Handling ATM Failure Complaints
The regulator has issued customer protection guidelines to banks, stating that a malfunctioning machine should not be the user’s problem.
ARDFM to Complicate Account Opening for Foreigners in Kazakhstan
The regulator has prepared amendments to financial monitoring rules. Banks will have to request more documents and revise risk assessments for non-residents.
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.
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.
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.
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.
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.