Electronic Money: Expected Changes in the Economy, Banking System, and Daily Life in Uzbekistan by 2030 (OpenAlex (recherche mondiale))

Summary

• At the beginning of 2026, the registry of electronic money systems of the Central Bank of Uzbekistan contained 12 registered systems.p.2
• Uzbekistan's FinTech strategy targets 1 billion US dollars in investment and training 5 thousand qualified specialists by 2030.p.2
• The 2026–2030 FinTech strategy sets goals to support over 200 licensed market participants and incubate 100 startups.p.2
• The proportion of digital payments usage in Uzbekistan increased from 39 percent in 2021 to 72 percent in 2025.p.3
• Kazakhstan studied the digital tenge from 2021, issued its first digital tenge bank card in 2023, and launched budget-tracking pilots in 2024.p.3

Key insights

1. Electronic money in Uzbekistan is denominated in national currency and can be redeemed according to established terms.p.1
2. The Central Bank of Uzbekistan is examining international experience regarding Central Bank Digital Currency (CBDC) to prepare research and documentation.p.2
3. Central Bank agendas for 2026 prioritize a national payment switch, unified QR standards, and account-to-account transfer developments.p.2
4. Digital payment channels serve as a critical entry point for broader financial inclusion for populations living far from traditional bank branches.p.3
5. The development trajectory across CIS countries demonstrates an evolution from electronic wallets to instant digital payments and central bank digital currencies.p.3
6. European models show that digital currencies such as the digital euro are designed to coexist alongside cash rather than replace it completely.p.4