Uzbekistan prepares draft law on the regulation of cryptocurrencies

In Uzbekistan, signed the decree of the President of the Republic Shavkat Mirziyoyev, according to which until September 1, 2018 must be prepared a bill to regulate cryptocurrency. Appointed responsible Central Bank, July, the Finance Ministry, the economy Ministry and several other ministries and departments.

The President approved the establishment of a competence centre technology distributed registry whose primary responsibilities will be the creation of conditions for the use of the possibilities of the blockchain, capacity building and support of domestic developers to learn this technology.

It is expected that this structure will be created at the innovation center Mirzo Ulugbek Innovation Center and will begin work on 1 June 2018.

Prime Minister Abdullah Aripov, speaking in Kazakhstan on the forum «the Digital agenda in the era of globalization», spoke positively about the use of the Central Asian countries the technology of the blockchain.

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