Central Asia fintech news
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Central Bank of Uzbekistan Approves Composition of the Islamic Finance Council
The regulator has formed a team to develop Islamic banking standards. The council includes experts from the Fatwa Center and an auditor with Big4 experience.
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.
Uzbekistan Prepares to Launch Apple Pay and Google Pay: Central Bank Confirms Start of Technical Work
The regulator has scheduled negotiations for autumn, while banks await bylaws to transfer data to foreign clouds.
Asterium Launches AUZ Gold Token in Uzbekistan: Purchases Start at 20,000 Sums
The fintech company has introduced the first token backed by physical 999.9 fine gold, featuring bank storage and the option for physical withdrawal.
Uzbekistan to Create State Venture Funds at Every Ministry
The country is launching a decentralized startup financing model: government agencies will receive at least 10 billion soums each to develop AI and digital solutions for their needs.
From Retail to B2B: How TBC Bank Assesses the Transformation of Uzbekistan's Financial Market
The local market bypassed the era of traditional branches and moved straight to mobile finance. How this shift looks in the strategy of players building digital ecosystems.
Uzbekistan Builds First Regional Green Data Center TAS-1: 12 MW with AI Readiness by December
DataVolt will deploy heavy computing infrastructure in Tashkent’s IT Park. The project aims to support the market’s transition from basic outsourcing to exporting complex IT services worth $5 billion by 2030.
Uzbekistan and Kyrgyzstan Launch Cross-Exchange Cooperation: UzEx Integrates with EVDE
Uzbekistan’s UzEx exchange has partnered with Kyrgyzstan’s EVDE exchange to expand trading in the region.
Central Bank Develops System to Abolish 'Wage Slavery' in Uzbekistan
The launch of the Taqsim platform has been delayed due to the technical unreadiness of commercial banks.
Namangan to Build AI-Focused IT Park: What Regional Infrastructure Means for Uzbekistan's Fintech
The President of Uzbekistan laid the foundation stone for a new complex and visited an artificial intelligence laboratory. For banks and payment services, this signals an expansion of the developer pool beyond the capital.
Azerbaijan's ABB Discusses Acquisition of 51% Stake in Uzbekistan's Davr Bank at Regulator Level
The Central Bank of Uzbekistan has officially confirmed negotiations regarding the entry of Azerbaijani capital. The parties have moved on to discussing prudential supervision and the asset’s future development strategy.
Rustam Shanazarov Becomes Co-Founder and Partner of Uzbekistan IT Company WOOX
The former McKinsey & Company partner with nine years of fintech experience has joined the team to build tech products in Central Asia.