Uzbekistan greenlights stablecoins for payments under new sandbox regime
Uzbekistan will reportedly roll out stablecoins as an official payment method from Jan. 1, 2026, under a new regulatory sandbox that also enables tokenized securities trading.
Uzbekistan is moving to bring stablecoins into its formal payment system, starting with a tightly controlled development sandbox, according to local media.
According to a Friday report by local news outlet Kun, Uzbekistan’s new stablecoin regulatory framework will come into force on Jan. 1, 2026. The new law, signed on Nov. 27, establishes a regulatory sandbox under the purview of the National Agency for Perspective Projects, together with the central bank.
Pilot projects are expected to be implemented to develop a stablecoin-based payment system operating on distributed ledger technology. Starting next year, Uzbekistan-based entities will reportedly be allowed to issue tokenized shares and bonds, and a separate trading platform will be created on licensed stock exchanges for those new assets.