Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan’s National Agency of Perspective Projects (NAPP) issued a licence to MONETEX LLC to operate a crypto shop on 26 October, the agency said.
The licence was granted under the regulations governing the licensing of service providers operating in the crypto-asset market. Details have been added to the agency’s electronic licence register.
According to the register, the company received licence No. CS 0021. Its sole founder is Sherzod Kasimov, and the company is registered in Tashkent’s Mirzo-Ulugbek District.
With the new licence, NAPP’s register now contains 22 licences for crypto-asset service providers held by 17 companies, as some firms are licensed to operate in more than one segment.
Two companies hold crypto exchange licences: ASTERIUM JSC and COINPAY LLC. Six companies have licences to operate crypto depositories: LOCKTON HUB, PAYNET CRYPTO, the joint venture JAPAN DXT, CITY PAY GATE, TGHAMYON and ASTERIUM.
Crypto shops make up the largest segment, with 14 licences listed in the register. NAPP has suspended the operations of five of them for six months: CRYPTO EXPRESS from 1 June, CRYPTO MAGNAT from 1 September, and CRYPTOCORP, C-CASH and T-FIRM from 1 October 2026.
Nine crypto shops are currently operating without restrictions: PAYNET CRYPTO, T-REX, CITY PAY GATE, C-BASE, ASTERIUM, UNEX PAYMENTS, NAQD-EX, COINPAY and MONETEX.
In 2026, the agency revoked two licences. KOBEA GROUP’s crypto exchange licence was revoked in May, while CRYPTO MARKET’s crypto shop licence was cancelled in September after the company failed to apply for its renewal.
