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Uzbekistan establishes a dedicated economic zone for miners, with tax exemption policies extended until 2035.
Deep Tide TechFlow News: On April 22, according to bits.media, Uzbek President Shavkat Mirziyoyev signed an order to establish the Besqala Mining Valley Special Economic Zone in the Republic of Karakalpakstan. Miners in the zone can enjoy tax incentives, and the policy is valid until January 1, 2035. The special zone will connect to a unified power system that uses renewable energy and hydrogen power generation. Cryptocurrency mined within the zone can be sold or exchanged via local exchanges in Uzbekistan or offshore platforms, and mining licenses are issued by the State Frontline Projects Agency.
Currently, Uzbekistan requires cryptocurrency trading to be conducted through state-licensed service providers, and P2P transactions are explicitly prohibited by law. Digital assets may not be used for payment settlement, and only legal entities are allowed to engage in mining activities. Since 2023, the country has implemented a mining license system; the first license was only officially issued by the end of February 2026.