NAPP temporarily suspends the PAYNET CRYPTO license

Tashkent, Uzbekistan (UzDaily.com) -- The National Agency for Prospective Projects of Uzbekistan (NAPP) has temporarily suspended the PAYNET CRYPTO license for 10 days.

According to NAPP information, the license issued to PAYNET CRYPTO on 8 August 2023 has been suspended from 12 June  2024.

During the period of temporary suspension of the license, transactions with crypto-assets are prohibited, according to the agency.

The reason for the suspension, according to NAPP, was late payment of the fee.