
On February 24, City Pay Gate received licenses to operate as a cryptocurrency depository and crypto store, as reported by the press service of the National Agency of Perspective Projects (NAPP).
Information about the company has been entered into the electronic register and is now available on the agency’s official website.
The NAPP issued the order to grant these permits on February 20.
The ownership of City Pay Gate is shared among Paynet (45%), UAB City Pay (45%), and David Koberidze, who holds a 10% stake.
Kursiv Uzbekistan also reports that Binance expands into Uzbekistan.