Uzbekistan is set to launch a regulatory framework for stablecoin payments and security token trading on January 1, 2026. The National Agency of Perspective Projects (NAPP) will manage this initiative through a regulatory sandbox, focusing on reducing transaction costs, enhancing financial inclusion, and modernizing the payment infrastructure.
The framework will facilitate the use of tokenized assets, including stocks, bonds, and real estate. The government plans to tackle challenges such as upgrading technical infrastructure, educating consumers, and ensuring compliance with international standards. This initiative is expected to serve as a model for other Central Asian nations and boost global cryptocurrency adoption.
Uzbekistan to Introduce Stablecoin and Security Token Regulations in 2026
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