Uzbekistan central bank approves fintech strategy through 2030 with tokenization and wholesale CBDC
- —Strategy runs in three phases: basic infrastructure in 2026–2027, Open Banking and digital ID in 2028–2029, regional fintech hub status by 2030
- —Targets up to $1 billion in investment and 20–30 startups per year prepared for foreign markets
- —Includes pilots for real-world asset tokenization and a wholesale CBDC for cross-border payments
- —In September the central bank began monitoring the Humo stablecoin pilot, backed by government securities at 1 token = 1 sum
Why it matters: Uzbekistan is building one of Central Asia's first regulatory frameworks for tokenization and CBDC, potentially drawing crypto and fintech firms to the region.
Source: BeInCrypto RU