The country’s main regulatory agency for digital currencies insists that a Cryptoasset is a property that is a collection of digital records in the blockchain that has value and owner:
“The coins accumulated in the game Hamster Kombat do not meet the legal definition, since they do not have a blockchain, therefore they are not a crypto-asset, and have no value.”
Perhaps in the future, Hamster Kombat coins will be able to move to the blockchain, which will make them a cryptocurrency asset. In this case, their purchase and sale in Uzbekistan will become possible only through national service providers.
NAPP believes that Hamster Combat does not belong to the “Play to Earn” category of projects, and any activity related to the platform’s coins will be subject to regulation only after the tokens are transferred to the blockchain.
Previously, co-founder and CEO of the Web3 Eldarune gaming studio, Can Picak, compared the mechanics of token clickers like Hamster Combat to a financial pyramid.
Source: Bits

I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.