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Uzbekistan: Solar mining assets exempt from tax, but bans mining anonymous currencies

1 min read

The National Agency of Prospective Projects (NAPP) in Uzbekistan announced its demands toward crypto mining operators. It would only allow the companies that use solar energy to mine Bitcoin (BTC) or other cryptocurrencies. The executive order also obliges any mining operator to obtain a certificate and register in the national registry of crypto mining companies. Currency generated from mining activities would be spared taxation. The trade operations with mined assets would have to be conducted only on the exchange platforms that are registered in Uzbekistan (June 28, Cointelgraph)