Uzbekistan Grants Crypto Custody License to TGHAMYON LLC

The National Agency for Perspective Projects (NAPP) of the Republic of Uzbekistan has officially granted a crypto asset custody license to TGHAMYON LLC, in accordance with the licensing regulations outlined in Resolution No. 3380 dated August 15, 2022.

TGHAMYON is now authorized to operate as a crypto-depository service provider under Uzbekistan’s legal framework governing the circulation of crypto-assets.

The company is fully owned by Wallet Global Ventures Limited, a holding firm that also controls crypto service providers responsible for the «Wallet in Telegram» product, a popular solution for digital asset transactions within the Telegram messaging platform.

Information about the license has been added to the NAPP’s public online license registry, accessible via the agency’s official website.

Kursiv Uzbekistan also reports that venture capitalist Tim Draper believes the impact of Bitcoin’s halving cycles will diminish as broader macroeconomic trends take center stage.