The Central Bank of Uzbekistan has presented its National Strategy for the Development of Financial Technologies for the next five years. The document’s main goal is to turn the country into a regional fintech hub by 2030.
The regulator announced the move following a special press conference. According to the CBU, the program relies on the current state of the local financial ecosystem and international experience.
The strategy is divided into six priority areas. The regulator has not yet published the full text detailing each of them.
The emergence of a dedicated document confirms the regulator’s focus on market development, but specific mechanisms will only become clear once the strategy is published.