Uzbekistan Launches Tax-Free Crypto Mining Zone With Exemptions Through 2035 and Double Power Tariffs
cryptocrypto-miningcrypto-regulation 2 posts · 2 accounts
Uzbekistan has launched its first cryptocurrency mining zone, the Besqala Mining Valley, granting operators tax exemptions through 2035.
Under the new framework, miners will pay a 1% revenue fee and a double electricity tariff to operate in the zone.
From the sources (2 posts)
@cointelegraph🇺🇿 BIG: Uzbekistan officially launched its first tax-free crypto mining zone, Besqala Mining Valley, offering tax exemptions until 2035 while charging miners a 1% revenue fee and 2x electricity tariff.
@cryptometerio🇺🇿 JUST IN: Uzbekistan launches Besqala Mining Valley, a tax-free crypto mining zone with tax exemptions until 2035. Miners face a 1% revenue fee and double electricity tariff.