Ledger
UzNEX CardMay 25, 2026DelistedUzbekistan regulator revokes UzNEX exchange licenseOn May 25, 2026, Uzbekistan's National Agency for Perspective Projects (NAPP) revoked, by Order No. 45, the operating license of the UzNEX crypto exchange held by Kobea Group — the same backend behind the UzNEX Card program run with Kapital Bank and Ravnaq Bank. Clients were told to request refunds via a dedicated email.napp.uz
UzNEX CardUzNEX Card
MastercardPlastic onlySince 2023Asks for everythingPaused
Before you continue. Sign-ups or card issuance are paused by the issuer. Cards already out may still work.
Uzbekistan's first regulator-approved crypto Mastercard — issued by Kapital Bank/Ravnaq Bank under NAPP digital sandbox, auto-converts crypto to payment currency. DISCONTINUED: the NAPP-licensed UzNEX exchange infrastructure the card integrated with had its operating license revoked in May 2026.
Total, per $100 spent: not published
The issuer does not publish enough of its charges for us to price this card. That is not the same as cheap.
Open uznex.comNot a paid link: we earn nothing either way.
Whether to take UzNEX Card
In its favour
- Uzbekistan's first regulated crypto Mastercard
- Approved by NAPP (National Agency for Perspective Projects)
- Issued in partnership with Kapital Bank and Ravnaq Bank
- Auto-converts crypto to payment currency at point of sale
Against it
- SHUT DOWN — NAPP revoked the operating license of the underlying UzNEX exchange (Kobea Group) on 25 May 2026
- uznex.com itself now shows services temporarily suspended; users directed to claim refunds
- Uzbekistan residents only (while it operated)
- Specific fees were never transparently published
Also true, in its favour
- Integrated bank account + crypto exchange
- Mastercard global acceptance
What UzNEX Card costs
UzNEX Card publishes no fee schedule at all — not one of these charges is named on uznex.com. That is why this record carries no price: the ledger says so rather than estimating one.
Not published by the issuer: to issue the card, monthly, to load, to spend, per payment, fixed, to spend outside the dollar, at a cash machine.
SHUT DOWN CARD. Specific fees were never publicly published. Was issued by Kapital Bank and Ravnaq Bank in Uzbekistan under a NAPP-approved regulatory sandbox, integrating with the UzNEX crypto exchange (Kobea Group) and Mastercard. NAPP revoked Kobea Group's exchange license on 25 May 2026 and instructed users to request refunds; uznex.com shows services suspended.
KYC: what UzNEX Card asks for
Full verification: a document, a photograph of your face and proof of your address. The same file a bank opens on you, held by a company that is not a bank.
Asks nothing7 cards
An email18 cards
A light check — a name and a phone, unverified9 cards
A document102 cards
Everything — document, face, address114 cards
Limits on spending
UzNEX Card publishes no spending limits at all.
Where it works
WalletsNeither
Accepted whereOnline, in person, cash machines
Account detailsNone — it is a card, not an account
Coins in4BTC, ETH, USDT, USDC
Chains3Bitcoin, Ethereum, Tron
The issuer names no country it turns away. That is not a promise that every country works.
The other flaws
- Operated within regulatory sandbox (limited rollout)
- Full KYC required (regulated bank product)
What has changed
1 recorded changes, the most recent on May 25, 2026. Each carries the page we read it on.
How we checked this
Thirteen fields are tracked for every service. 3 of them carry a figure we read off uznex.com on September 7, 2026.
- Sign-up flow
- Identity level
- Live check
- Operating status
- Issuer's page
- Apple Pay and Google Pay
- The issuer does not publish
- Cost per $100 · Loading charge · Currency conversion · Per-payment charge · Issuance · Monthly · Cash machine charge · Spending limits · Maximum balance · Countries closed
Nothing here came from a press release, an affiliate sheet, or another comparison site.
Open uznex.comNot a paid link: we earn nothing either way.
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