Uzbekistan triples electricity tax on crypto mining
Feeling that crypto mining is draining their energy resources, Uzbekistan is making it much more costly to operate.
Latest Uzbekistan News
Uzbekistan president signs decree legalizing crypto trading
The decree states that an organization or individual providing an electronic platform for the exchange, purchase or sale of digital assets, will be recognized as an exchange in Uzbekistan.
Glosfer signs MoU with Uzbekistan to provide blockchain technology for farm product distribution and local cryptocurrency
Blockchain company Glosfer (CEO Taewon Kim) announced that it signed MoUs with Uzbekistan’s farm product distributor and the Small Businesses and Private Entrepreneurship’s Export Promotion Fund (EPF).
Uzbekistan prez signs tax exclusions for crypto, blockhain integration decree
President Shavkat Mirziyoyev has tapped several government agencies to take charge of an initiative to develop a regulatory framework for cryptocurrency activities.
Uzbekistan president issues decree to legitimize, regulate, promote cryptocurrencies
The government’s green-light plus its ultra-low energy costs is making the country an attractive place for cryptocurrency activities.