A liquidation commission will be formed to oversee the closure
        
        
                    
        
    
                                                                                                                                            
                
        
        
            USD Strengthens after a period of stagnation
        
        
                    
        
    
                                                                                                                                            
                
        
        
            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