Uzbekistan has no plans to ease crypto payments ban, says official
One official said that after banning crypto payments in late 2019, Uzbekistan won’t ever reconsider its decision. The Republic of Uzbekistan will never adopt cryptocurrencies like Bitcoin (BTC) as a payment method, according to a central bank official.Behzod Khamraev, deputy chairman of the Central Bank of Uzbekistan (CBU), predicted that local authorities will never allow residents to use Bitcoin as payment, alleging that BTC is backed by nothing.In an interview with local business publication Spot.uz, Khamraev argued that Bitcoin is widely considered “speculative” and will never become....
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