Central Bank of Uzbekistan Says Cryptocurrencies Too Volatile for Reserves
Uzbekistan does not consider the move appropriate at this stage
Banks & Finance
DBS, Franklin Templeton and Ripple Launch Tokenised Services on XRP Ledger
Investors will be able to trade between the two assets seamlessly
XRP and Dogecoin ETFs Smash Debut Expectations With $54 Mln in Trades
Most new funds manage around $1 mln in their first session
US Federal Reserve Cuts Key Rate to 4–4.25% After September Meeting
The next policy review is scheduled for October 28–29
World Bank Expands Uzbekistan Project Portfolio Beyond $14 Bn
Proposals were put forward for a new joint initiative
Uzbekistan Joins Eurasian Development Bank with $168 Mln Capital Contribution
Uzbekistan will acquire over 777.7K shares in the bank’s capital
Uzbekistan Leads Region with We-Finance Code Supporting Women Entrepreneurs
The initiative provides women entrepreneurs with access to grants
Uzbekistan Moves Towards Islamic Banking with New Draft Law
The bill proposes amendments to the Tax Code
Uzbekistan Moves Toward Legal Framework for Islamic Banking
The proposed legislation is designed to tackle the shadow economy
New ModStealer Malware Poses Threat to Crypto Wallets on macOS, Windows and Linux
Security researchers warn that the malware, spread via fake job ads, steals private keys and wallet credentials across multiple platforms
Africa Launches First Publicly Listed Bitcoin Treasury Company
South Africa’s Altvest Capital rebrands as ABC, aiming to raise $210M in Bitcoin while tackling inflation and financial instability
UK Bitcoin Treasury Firm Smarter Web Eyes Acquisitions Despite Stock Slump
CEO Andrew Webley says buying distressed rivals could boost reserves as company targets FTSE 100 entry despite share price slump
Uzbekistan Plans Stablecoin Trials for Payments and Asset Tokenisation
Stablecoins can be used for everyday transactions
Uzbekistan’s Central Bank to Open Fintech Office
Uzbekistan is home to 103 fintech companies
Easygroup launches bitcoin investment app in US
New platform lets users buy, hold and earn rewards in bitcoin, starting in the US with UK rollout planned
Uzbekistan’s Reserves Top $50 Bn for First Time
The country also expanded its gold stock in physical terms
EU to Target Central Asian Banks in New Russia Sanctions Package
The names of the banks are unknown
George Paresishvili Steps Down as Head of Tashkent Republican Stock Exchange
His three-year employment contract expired in September 2025
Trump face on a crypto coin
From critics to champions, the Trumps now profit billions from digital assets
Gold Hits Record High as Mining Shares Outperform
The metal has reached a record high and mining stocks are now outperforming, but investors remain cautious about the sector’s track record
Uzbekistan’s Corporate Bond Market Needs Active REPO Operations
REPO deals are actively used in the government securities market
Goldman Sachs Predicts Gold Could Soar Towards $5,000
The bank mapped out a range of potential price paths
Uzbekistan’s Public Debt Rises to $43.3 Bn in Q2 2025
$36.4 bn came from external borrowing
Alif Uzbekistan Moves Towards Banking Licence to Support SMEs
Alif entered the Uzbek market in 2019