The National Agency for Perspective Projects (NAPP) has revoked the crypto exchange license issued to the foreign enterprise Kobea Group (South Korea) for operating the UzNEX platform.
According to the regulator's statement, the license—originally granted on February 22, 2024—was annulled following an official request submitted by the company itself.
Clients seeking refunds for their fiat funds or crypto assets can contact the company via email at This email address is being protected from spambots. You need JavaScript enabled to view it., visit the corporate office, or call +998-78-777-55-06. The announcement notes that processing times for refunds will range from 3 to 10 business days. Should any issues arise, clients are advised to contact the NAPP directly at This email address is being protected from spambots. You need JavaScript enabled to view it..
UzNEX originally made headlines when it launched in January 2020 as the very first cryptocurrency exchange in Uzbekistan and the broader Central Asian region.
Currently, the crypto exchange's official website displays a message stating that services have been temporarily suspended due to server maintenance.
According to the Unified State Register of Enterprises and Organizations, the foreign enterprise Kobea Group was registered in January 2019 with a charter capital of approximately 4.24 billion soums. Its officially listed line of business is security and commodity contracts brokerage, and Lee Chang-yong is named as the company's head.
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