Crypto Trade NET LLC and Crypto Market LLC become the first digital asset exchanges to receive an operating license from Uzbekistan amidst the government's plan to heighten industry monitoring.
Digital asset service providers in Uzbekistan may have their licenses revoked if they fail to settle a monthly operational fee under a new regulation imposed to prop up the government's budget.
At the time of writing, Uzbekistan has licensed only one known digital asset exchange: South Korea's UZNEX.
The decree majorly orders that the National Agency for Project Management be restructured into a new entity that will be called the National Agency for Perspective Projects (NAPP).
