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VIP Wealth Hub
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Customized asset management to grow your digital assets
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Top asset management team helps you profit without hassle
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Uzbekistan has approved stablecoins for payments under the new sandbox mechanism.
According to a report by Golden Finance, local news media Kun reported on Friday that Uzbekistan's new stablecoin regulatory framework will come into effect on January 1, 2026. The new law, signed on November 27, establishes a Regulatory Sandbox under the jurisdiction of the National Project Office and the Central Bank. It is expected that pilot projects will be implemented to develop a stablecoin payment system based on distributed ledger technology. According to reports, starting next year, entities in Uzbekistan will be allowed to issue tokenized stocks and bonds, and an independent trading platform for these new assets will be created at licensed stock exchanges.