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Central Asia specifically Uzbekistan is preparing to establish the first cryptocurrency exchange in Asia

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The National Project Management Agency revealed, the first exchange of hidden currencies in Asia is about to appear in Uzbekistan. Any company planning to participate in the cryptocurrency exchange process must be able to meet all legal requirements of the national legislation of the Republic of Uzbekistan in the world of DLT, blockchain, bitcoin and cryptocurrency.

One of the ready-made exchange firms to take responsibility is the Kobea Group, a technology company focused on creating various solutions in the digital economy, including distributed ledger technology. according to
The statement said: "South Korea issued the company's first permit for digital currency exchange activities for the first time.

Asia will be the hub of cryptocurrency

Recall that a few days ago it was known that in Uzbekistan, the law prohibited the use of cryptocurrencies as a method of payment. The issue document clearly outlines the procedures for managing and managing cryptocurrency exchange transactions in the country.

Although there is currently no cryptocurrency exchange in Uzbekistan, when it appears, the country's population will only be able to sell digital assets to foreigners and will not be able to purchase them. Anonymous transactions will be blocked

Asia is one of the few continents most suitable for Bitcoin business and cryptocurrency, and now the key part is ensuring that its employees are not misled or deceived. In particular, citizens should be fully warned of the risks involved in investing in digital assets, including bitcoin. Previously in Uzbekistan, the use of cryptocurrencies was not prohibited or directly licensed, so some companies accepted bitcoins as a down payment.

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Uzbekistan has taken this initiative well. I wish them all the best. They are promoting crypto currency in Asia as well as their trade will be better. And many countries in Asia will know about this and they will take initiative.

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A good step to start acknowledging bitcoin and its usefulness. We hope another countries also participate in this specially third world countries such as South East. 

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This is good news because cryptocurrencies needs this kind of actions and moves, and I think Asia is always the first who takes the first step when it is related to cryptocurrencies, so I wish the best for those two countries a'd for crypto world 

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Great to hear that Uzbekistan is launching crypto currency and the exchange best works i should say that all in the world should use this crypto currency because it is best all in their future also

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This is a great news for cryptocurrency to be on the moon, of course Asia the mother of Bitcoin, those countries from Asia I think they will be the first who regularize Bitcoin, and others cryptocurrencies, is about the time.

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This is a positive step for cryptocurrencies and it will bring Uzbekistan's success in exchanging cryptocurrencies and will receive great attention


THINK POSITIVE

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Recently, a country like Uzbekistan has banned crypto. Today, Uzbekistan is preparing to create the first cryptocurrency exchange in Asia. This is very great news. 

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This is good news for crypto. So in this year crypto is going to start to go for public. This moves would help to bring crypto in real life. Also other countries from asia would follow this. It is big success for crypto because uzbakistan has changed its decision in favour of crypto.

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This action is certainly something that will help both the region of Uzbekistan and cryptocurrencies in general. It is a move that will help the cryptocurrency enthusiasts of the country and allow them to focus their efforts and work for what they enjoy doing most. I hope more of the Asian countries follow this example.

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On 1/14/2020 at 10:05 AM, Qasem111 said:

The National Project Management Agency revealed, the first exchange of hidden currencies in Asia is about to appear in Uzbekistan. Any company planning to participate in the cryptocurrency exchange process must be able to meet all legal requirements of the national legislation of the Republic of Uzbekistan in the world of DLT, blockchain, bitcoin and cryptocurrency.

One of the ready-made exchange firms to take responsibility is the Kobea Group, a technology company focused on creating various solutions in the digital economy, including distributed ledger technology. according to
The statement said: "South Korea issued the company's first permit for digital currency exchange activities for the first time.

Asia will be the hub of cryptocurrency

Recall that a few days ago it was known that in Uzbekistan, the law prohibited the use of cryptocurrencies as a method of payment. The issue document clearly outlines the procedures for managing and managing cryptocurrency exchange transactions in the country.

Although there is currently no cryptocurrency exchange in Uzbekistan, when it appears, the country's population will only be able to sell digital assets to foreigners and will not be able to purchase them. Anonymous transactions will be blocked

Asia is one of the few continents most suitable for Bitcoin business and cryptocurrency, and now the key part is ensuring that its employees are not misled or deceived. In particular, citizens should be fully warned of the risks involved in investing in digital assets, including bitcoin. Previously in Uzbekistan, the use of cryptocurrencies was not prohibited or directly licensed, so some companies accepted bitcoins as a down payment.

I hope they do all that with good steps until the ebd of project. All the best for these countries .

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On 14.01.2020 at 10:05, Qasem111 said:

The National Project Management Agency revealed, the first exchange of hidden currencies in Asia is about to appear in Uzbekistan. Any company planning to participate in the cryptocurrency exchange process must be able to meet all legal requirements of the national legislation of the Republic of Uzbekistan in the world of DLT, blockchain, bitcoin and cryptocurrency.

One of the ready-made exchange firms to take responsibility is the Kobea Group, a technology company focused on creating various solutions in the digital economy, including distributed ledger technology. according to
The statement said: "South Korea issued the company's first permit for digital currency exchange activities for the first time.

Asia will be the hub of cryptocurrency

Recall that a few days ago it was known that in Uzbekistan, the law prohibited the use of cryptocurrencies as a method of payment. The issue document clearly outlines the procedures for managing and managing cryptocurrency exchange transactions in the country.

Although there is currently no cryptocurrency exchange in Uzbekistan, when it appears, the country's population will only be able to sell digital assets to foreigners and will not be able to purchase them. Anonymous transactions will be blocked

Asia is one of the few continents most suitable for Bitcoin business and cryptocurrency, and now the key part is ensuring that its employees are not misled or deceived. In particular, citizens should be fully warned of the risks involved in investing in digital assets, including bitcoin. Previously in Uzbekistan, the use of cryptocurrencies was not prohibited or directly licensed, so some companies accepted bitcoins as a down payment.


Uzbekistan has been cooperating with the Korean digital company Kobea Group for a long time. And they even together launched the blockchain academy in Uzbekistan. Great!))) Creation of the crypto exchange is a promising step))) it is a pity that citizens will not be able use crypto like the means for payments and will cooperate with the foreigners only, but I think that this is the first step)) and in future in case the policy of the government did not change, we would be able to see other their good and interesting decisions)))

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Good information for cryptocurrency buyers in Asia. Countries on this region also have comparable developments in Europe in this market. I agree with in Uzbekistan's plans.

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This is good for those who live in Central Asia and Uzbekistan and it would be good to create a platform for cryptocurrencies there


 

Life is great and enjoy it

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Uzbekistan is now waiting to launch its own crypto exchanges and India now officially launched their crypto exchange wazrix exchange which has made partnership agreement with largest network such as binance exchange and now also India made this market as legal tender in whole India country. 

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This is a good step for that country to help build their economy through the benefits of crypto currency,adoption on every country are slowly happening which is really good 

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Uzbekistan has all the abilities to get some nice part of the crypto market especially with their own cryptocurrency exchange, but they might be good competitors with China.

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I agree with you, maybe Asia will be a hub for the launch of cryptocurrencies because it has a fertile environment that helps it in that and most of the countries of the Asian continent are countries ready to develop and are looking for ways to do so.

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Here is the exciting thing from the countries of the world that started to adopt cryptocurrencies and this is a very great thing and a proof of their awareness of the importance of encryption to the world and what these countries are doing very wonderful and helps crypto currencies to gain greater confidence by people and I hope that all countries of the world adopt cryptocurrencies


 

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Well, before doing this big project, were the cryptocurrencies legalized and regulated in Uzbekistan, because it is unfortunate that any project starts and then stops due to the country's policy.

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It's really on the calling when uzbek is really on the drive of having of creating their own token or Coin, but as we know that Asia is really a continents which Crypto can really bloom if they start on the use of this Crypto Coins as ways of finances and usage

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That is very great news for Crypto traders . In Uzbekistan , first Crypto exchange can start in future . Peoples in this area can trade and invest in  Crypto coins very easily . 

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That is very great news for Crypto traders . In Uzbekistan , first Crypto exchange can start in future . Peoples in this area can trade and invest in  Crypto coins very easily but I guess many countries in Asia whose already established many Cryptocurrency exchanges.

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On 4/13/2020 at 9:47 AM, Ms.o said:

This is a good step for that country to help build their economy through the benefits of crypto currency,adoption on every country are slowly happening which is really good 

I think that this is great and really a good step forward the development of coins because countries are partnering up to achieve the common goals and they want to have a nice country with good economy and great financial status. 

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the government of uzbekistan has implemented this initiative to be able to regulate the financial activities of crypto by developing blockchain processes, is carring out mining farms to do cloud mining and in conjunction with tha Uznex exchange, good option of the government of Uzbekistan.

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