Fees from crypto shops and crypto exchanges will be increased in Uzbekistan

    Finance 20 March 2024 2037

    This decision was made by the National Agency for Advanced Projects of the Republic of Uzbekistan, responsible for improving the regulatory system for the turnover of crypto assets.

    According to the agency, an analysis of the activities of service providers in this area showed their high profitability. In this regard, starting from June this year, the fee for the crypto exchange will be increased from 400 to 740 BRV, and the crypto store - from 20 to 185 BRV.

    It is assumed that the changes will increase revenues to the state budget by at least 2 times, while not having a significant negative impact on the financial condition of service providers.

    These changes will come into force after three months from the date of official publication.