Banks & Finance
Uzbekistan’s Lower House Passes Islamic Banking Bill, Sends it to Senate
Uzbekistan advances Islamic banking bill to the Senate, setting legal and tax rules for Sharia-compliant finance
Kyrgyzstan Launches World’s First State-Issued, Gold-Backed Stablecoin USDKG
Visa and Mastercard Propose Revised $38 Bn Settlement in Long-Running Swipe Fee Case
Visa and Mastercard have not admitted wrongdoing
Apple Pay and Google Pay Set to Launch in Uzbekistan
Work to introduce these payment systems is being carried out in partnership with Google
Bitcoin ETFs end Six-Day Slide with $240mln of Inflows
BlackRock and Fidelity lead $240mln rebound as institutional demand for Bitcoin returns
Uzbekistan Inflation Expectations Drop to 11.7% in October
The lowest forecasts were in Fergana at 10.4%
Uzbekistan Finalises WTO Negotiations with Canada and Panama
Discussions remain with three additional countries
TBC Bank Uzbekistan Named a Top-Three Banking Brand Nationwide — RGCA
RGCA’s report also highlighted the strength of TBC Uzbekistan’s payments app Payme
Top Trader Warns Ethereum Faces Key Price Test
The token trades in a tight range as traders wait for a clear direction
Armenia’s Central Depository Joins Uzbekistan’s Regulatory Sandbox
The CDA oversees Armenia’s securities accounting
BoE Expected to Cut Interest Rates Below 4% for First Time Since Early 2023, Goldman Sachs
A decision is due Thursday
Bitcoin Could Drop 80% If Historic Market Cycle Repeats, Analysts Warn
PnL Index’s 365-day average returned to levels last seen before Bitcoin’s major downturns in 2013, 2017 and 2021
Access Denied: Uzbeks Abroad Are Left Without Online Banking
Kursiv Uzbekistan talks with experts
Uzcard and Humo Report Strong Profit Growth in 9M 2025
Humo’s profits jumped by 87.7%
Uzbek Commodity Exchange Reports 30% Growth and Record Trade Volumes in 2025
The exchange reported strong performance across all trading segments
Satoshi-Era Bitcoin Holder Moves $290Mln to Kraken, Sparking Market Jitters
BTC trading near $112K, struggling to stay above key support
Uzbekistan’s GDP Grows 7.6% in First Nine Months of 2025
The main drivers of growth were industry, construction and services
Uzum Launches Second Bond Issue Worth $33.2 Mln
The placement will take place on the Republican Stock Exchange “Toshkent”
Bitcoin Holds Steady Around $114K Ahead of Key Fed Decision
Investors brace for potential volatility as Bitcoin steadies around $114K ahead of the Federal Reserve’s policy announcement
Uzbekistan’s HUMO Partners with Alipay+ to Launch Cross-Border QR Payments for Global Travel
Alipay+ now connects 40 e-wallets and 10 national payment systems
Kyrgyzstan Launches National Stablecoin and Digital Som Pilot
The move was confirmed by Changpeng Zhao
Hong Kong Bank May Open Branch in Uzbekistan
The parties also explored the possibility of launching direct flights between Tashkent and Hong Kong
Uzbekistan’s Central Bank Projects Stable Growth Amid Inflation Easing
The CBU anticipates headline inflation to fall to around 7 % by end-2026