RATE Group | Uzbekistan, Central Asia to have the First Cryptocurrency Exchange
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Uzbekistan, Central Asia to have the First Cryptocurrency Exchange

Uzbekistan, Central Asia to have the First Cryptocurrency Exchange

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Dec 25, 2019 at 14:15 // News

First cryptocurrency exchange to be launched in Uzbekistan

As revealed by the National Agency for Project Management, the first cryptocurrency exchange in Asia will soon appear in Uzbekistan. Any firm planning to participate in cryptocurrency exchange operations, is required to be able to operate in line with all the legal demands of the national legislation of the Republic of Uzbekistan in the world of DLT, blockchain, Bitcoin and cryptocurrency.


One of the exchange companies ready to take on the mantle is Kobea Group, a tech firm focused on the innovation of different solutions in the area of digital economy, including distributed ledger technology. According to the
statement, “the first license for the activity of digital currency exchanges was issued to the firm from Korea.


The firm is further required to engage in cryptocurrency…

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