🌍 Binance Gains Approval to Operate in Uzbekistan with Full Regulatory Compliance 🌍

In a significant milestone for both Binance and the Uzbekistani crypto market, Binance has officially secured the green light from the National Agency for Perspective Projects (NAPP) to provide its services within Uzbekistan. Operating under the crypto exchange license issued to COINPAY LLC, Binance is now positioned to offer streamlined services to users, including deposits and withdrawals in the national currency through local payment systems, making it easier than ever for Uzbekistani residents to access cryptocurrency services.

This partnership is a testament to Binance’s ongoing commitment to adhering to local regulations and fostering a secure, innovative environment for the growth of the cryptocurrency industry in Uzbekistan. By ensuring full compliance with all relevant laws, Binance is reinforcing its dedication to providing users with a trusted platform for their crypto transactions.

The platform will operate under crypto exchange license No CE#0004, granted to COINPAY LLC, which can be accessed through the official website, coinpay.uz. With the ability to easily deposit and withdraw funds in the local currency, Binance is simplifying crypto operations for users across the country, enhancing the accessibility of digital assets in the region.

Kyrylo Khomyakov, Binance’s Regional Head for Central and Eastern Europe, Central Asia, and Africa, emphasized the importance of the agreement,

noting that it reflects Binance’s commitment to working closely with regulators to establish a safe and compliant crypto ecosystem in Uzbekistan. The collaboration marks a significant step in advancing Uzbekistan’s crypto-asset sector, aligned with the NAPP’s mission to build a transparent, investor-friendly market that drives economic growth.

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