Global regulators call for stricter oversight of tokenized equities, Galaxy Digital and partners raise $1B for Solana, and Bitcoin plunges to $112K after a $2B whale sale
Rates of USD and KZT went down
Bailey points to record institutional adoption as a safeguard for Bitcoin’s price, but analysts warn market shocks and rate changes could still trigger a downturn
Some currency rates have dropped over the weekend
17 banks open their currency exchange points
GBP experiences a sharp fall
TBC Bank Group intends to fully integrate OLX Uzbekistan into the wider digital ecosystem
EUR, GBP and CHF go down by over 100 UZS
Enterprises with a strong repayment record will see their loan guarantees increase
Analysts, however, expect this rapid pace to ease during 2025–2026
USD strengthened after a period of stagnation
Only KZT rose by a small amount of 0.01 UZS
Cryptocurrencies themselves cannot be spent directly
Previous week ended with depreciation of most currencies against UZS
The list includes 17 banks
17 banks operate currency exchange points on weekends
Kursiv Uzbekistan has analysed the performance of the republic’s financial institutions.
Several banks offer the best rates to exchange USD, EUR, GBP, CHF, JPY, or KZT into soums
Digital and innovative solutions were identified as the most effective tools
GBP and CHF rates decreased significantly
The Genius Act introduces federal oversight for stablecoins, requiring full backing by low-risk assets, as President Trump prepares to sign it into law