Uzbekistan Bans Cryptocurrency Buy/Sell

Uzbekistan country introduce ban on buy/sell or holding any cryptocurrency for its citizens including purchasing from licenced cryptocurrency exchanges, reported on 24 December 2019.

As per report, The citizens of the Uzbekistan are not allowed to purchase any cryptocurrency or holding it in the country, and cryptocurrencies are totally banned ,even licenced exchanges going to shutdown their services after ban announcement.

Also, if you already invested in cryptocurrencies then you can legally sell them now through Forklog and Sputnik which are two registered cryptocurrencies exchange platforms.

Now, you are not allowed to purchase any cryptocurrency anymore in the country as well as you can not hold them as per the ban announcement.

Recently, the biggest video sharing platform YouTube also removed a lot of cryptocurrencies related videos and als restricted users or creaters to do not create more cryptocurrencies related videos in future. Some of Our Bitcoinik videos on crypto currency also removed by YouTube.

A moment ago, Ethereum foundations core developers confirm that the new hard fork scheduled on 1 January 2020 will increase the inflation rate of ETH. The increase in the inflation rate is expected to decrease the ETH more. Due to the delay in the Ethereum 2.0 launch, there is a lot of increase in the difficulty.