Uzbekistan Licenses MONETEX to Operate Crypto Shop

Uzbekistan’s National Agency of Perspective Projects (NAPP) issued a licence to MONETEX LLC to operate a crypto shop on October 26, the agency said.

The licence was granted in accordance with regulations governing the licensing of service providers in the crypto-asset market. The relevant details have been added to the agency’s electronic licence register, The Caspian Post reports, citing UzDaily.

According to the register, the company was issued licence No. CS 0021. Its sole founder is Sherzod Kasimov, and it is registered in…