Uzbekistan Legalizes Stablecoins for Payments and Tokenized Stocks in Massive 2026 Overhaul

Uzbekistan is preparing to integrate stablecoins into its formal payment system and allow the issuance of tokenized stocks and bonds under a tightly regulated framework starting in 2026, according to local media reports. The plan positions the country to become one of Central Asia’s most structured environments for regulated digital-asset activity. It also represents a major shift for a jurisdiction that once imposed broad restrictions on crypto use but has spent recent years building a more controlled a ...