According to local news outlet Kun on Friday, 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 Prospect Project Agency and the Central Bank.
Pilot projects are expected to be implemented to develop stablecoin payment systems based on distributed ledger technology. According to reports, from next year, entities in Uzbekistan will be allowed to issue tokenized stocks and bonds, and an independent trading platform will be created for these new assets on licensed stock exchanges.
Uzbekistan approves stablecoins for payments under the new sandbox mechanism
2025-11-28 14:54:22
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