logo

Uzbekistan establishes Besqala Mining Valley, promoting green cryptocurrency mining tax-free before 2035

By: rootdata|2026/04/22 09:42:01
0
Share
copy

Uzbekistan President Shavkat Mirziyoyev signed a decree to establish the "Besqala Mining Valley" cryptocurrency mining special zone, aimed at developing green energy mining and attracting international investment.

Miners can sell cryptocurrency assets on local and overseas exchanges, with profits directly entering local bank accounts. In terms of policy, participants in the mining area are exempt from income tax until 2035 and only need to pay a management fee of 1% of their income; the electricity price is set at 1800 som per kilowatt-hour, with preferential exceptions for investment projects over 100 million dollars. In terms of access, only locally registered companies can apply, and they must have power facilities and pass approval, with relevant responsible persons not having a record of economic crimes.

You may also like

Why a Million-Follower Crypto KOL Chooses WEEX VIP?

Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.

CoinEx Founder: The Crypto Endgame in My Eyes

The industry will not disappear, but it will shrink significantly.

Spark Coin (SPK): Explodes 73% as Aave Bleeds $15B, A Good Investment Now?

Spark coin (SPK) surged 73% as $15 billion fled Aave after the KelpDAO hack. This article explains what Spark is, why it’s pumping, and whether it is a good investment right now.

As Aave's building collapses, Spark's high-rise is rising

The growth of Spark's TVL is essentially a redistribution of existing capital in DeFi among protocols, rather than new capital entering the market. The "cake" of the entire industry has shrunk in the short term, and no one can remain unaffected.

RootData: Q1 2026 Cryptocurrency Exchange Transparency Research Report

In this report, Binance continues to rank first with the highest trading volume and wealth potential, while OKX has risen to second place as one of the few exchanges with an increase in trading volume this month.

What Is Memecoin Trading? A Beginner's Guide to How It Works, the Risks, and 2026's Hottest Tokens

Memecoins surged 30%+ at the start of 2026 while Bitcoin was flat. RAVE spiked 4,500% then crashed 90% in days. MAGA jumped 350% overnight. This guide explains exactly how memecoin trading works — and how to not blow up your account doing it.

The Joker is back
Bigger pools, auto-play, lucky buffs.
The Joker is backJoin now and grab your rewards.

Popular coins

Latest Crypto News

21:42

Bitmine deposits 75,600 ETH into Ethereum PoS staking

According to on-chain analyst Yu Jin's monitoring, after increasing their holdings by 100,000 ETH at noon today, Bitmine has just deposited 75,600 ETH ($176 million) into Ethereum PoS staking. Currently, Bitmine should have staked a total of 3,471,000 ETH, accounting for 70% of their total ETH holdi...
ETHETH
--
21:42

Data: JU broke through 3.57 USDT, an increase of over 10 times compared to the bottom in February

Ju.com market shows that JU continues to rise strongly, breaking through 3.57 USDT, currently reported at 3.6 USDT. Compared to the bottom price of 0.357 USDT at the end of February this year, JU has increased by over 1000%.
21:42

Data: 50 million USDT transferred out of Binance

According to Coinglass data, on April 23 at 20:48, 50 million USDT was monitored being transferred from Binance to an unknown wallet.
21:42

Cryptocurrency institutions like Coinbase jointly wrote to the U.S. Senate urging the implementation of the CLARITY Act

The crypto lobbying organization Blockchain Association, along with CCI and more than 120 industry institutions including Coinbase, Ripple, Kraken, and Circle, jointly sent a letter to the U.S. Senate Banking Committee urging the acceleration of the review process for the CLARITY Act.Industry repres...
21:42

Tether confirms cooperation with the U.S. government to freeze over $344 million worth of USDT

Tether announced that it has supported the U.S. government's freeze of over $344 million USDT, involving two wallet addresses. This freezing action was carried out in collaboration with the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) and U.S. law enforcement agencies, a...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com