In Uzbekistan, Binance will operate through its local partner, Coinpay, which is an official service provider in the cryptocurrency sector. Coinpay holds licenses for running both a cryptocurrency exchange and a crypto marketplace.

Residents of Uzbekistan will be able to access the Binance platform through Coinpay’s services. Additionally, users will have the option to deposit and withdraw funds in the national currency using bank cards and national payment systems.

The launch of the system is expected after the integration of all platform modules, including those with national payment systems. Further announcements regarding the system’s launch will be made through the official channels of Coinpay and Binance.

In January 2024, the agency imposed a fine on Binance for violating Uzbekistan's cryptocurrency regulations, which led to a lawsuit filed in the Tashkent City Court. After judicial proceedings from March 26 to June 7, 2024, the court ruled in favor of the agency, ordering Binance to pay a fine of 300 basic calculation units, which Binance complied with by settling the fine.