The National Association of Entrepreneurs of Uzbekistan (NAPP) issued a statement regarding the Hamster Kombat ($HMSTR) airdrop and the legal framework for token transactions. Citizens are permitted to buy or sell $HMSTR tokens only through approved national cryptocurrency exchanges and exchangers. The NAPP highlighted the volatility of such assets and warned of potential devaluation due to the token's limited utility.
The agency urged citizens not to rely on unofficial sources or individuals offering services related to Hamster Kombat tokens to avoid falling victim to fraud. It also reminded the public of legal consequences for violating crypto asset regulations, with penalties including up to 15 days of administrative arrest or fines ranging from 20 to 30 BRV.
The Hamster Kombat token airdrop occurred on September 26, distributing 75 billion tokens to 131 million users. In a Forbes article, Yuri Brisov, a partner at Digital & Analogue Partners, compared the Play-to-Earn model of Hamster Kombat to a financial pyramid scheme, citing tokenomics flaws and the project's dependency on a continuous influx of new users. Additionally, in June, a 24-year-old student in Uzbekistan was arrested and sentenced to 10 days in jail for selling $NOT tokens from the Web3 project Notcoin, with authorities also ordering the destruction of his smartphone and bank card used in the transactions.#BTCReboundsAfterFOMC #BinanceLaunchpoolHMSTR $HMSTR
