A government decree introduces an updated regulatory framework for installment services, including purchase limits and mandatory Central Bank registration..
A subsidiary of the payment service has become the largest shareholder of the stock trading platform..
The regulator updated cybersecurity requirements for fintech services: biometrics for card linking are canceled, and banks will set their own limits for P2P transfers without SMS..
The National Agency for Perspective Projects has submitted draft internal control rules for cryptocurrency services for public discussion.
The association has launched an official collaboration to develop the country’s fintech ecosystem
The government will allocate additional funds to upgrade its supercomputer cluster for artificial intelligence projects.
The era of competing solely on basic payments is ending. WOOX CEO Shokhrukh Ayibov explains why the Central Bank is driving innovation and how Uzbekistan plans to become Central Asia’s primary fintech hub by 2030.
Since August, banks must verify transactions over 175 million soums and track transfers to children’s accounts exceeding 16.5 million soums.
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.
The Central Bank expanded information security requirements to the entire non-bank lending sector and introduced mandatory biometrics localization.
The Senate approved a law requiring financial companies to warn about risks in advertising and include insurance literacy in public service announcements.
The Senate passed a constitutional law creating the legal framework for a digital hub with tax breaks and simplified imports.
The Ministry of Justice registered a regulation allowing traditional financial institutions to fully rebuild their business models under Sharia law.
The Uzbek regulator is deploying artificial intelligence to process documents and automate interactions with financial participants.
International startup launches peer-to-peer sales service in Uzbekistan
The Central Bank introduced strict criteria for evaluating customer service and a new reporting format for top management.