Two of Uzbekistan's private banks secure approval to issue crypto cards integrating banking with direct crypto access.
The crypto cards are meant to integrate traditional banking services with direct crypto exchange access.approval to private banks Kapital Bank and Ravnaq Bank to issue crypto cards as part of the digital sandbox for crypto regulation overseen by the National Agency for Perspective Projects .
. The NAPP announced Ravnaq Bank’s inclusion on 14 August. Also, Kapital Bank received confirmation in May 2023. Rolling out these crypto cards by December 2023 is the ambitious goal. Kapital and Ravnaq are major players,of the three registered entities in Uzbekistan’s national digital sandbox. Consequently, this highlights their commitment to cryptocurrency exploration and Uzbekistan’s proactive cryptocurrency-friendly approach.
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