Uzbekistan Has Legalized Crypto Mining Minerset Uzbekistan has legalized crypto mining. the napp mentioned to the country miners that only those companies would be legally allowed to mine the currency that. Uzbekistan legalized cryptocurrency trading in 2018 but only on a domestic crypto exchange. the central asian nation has also launched a series of renewable energy projects, mostly solar and wind.
Uzbekistan Has Legalized Crypto Mining But On The Condition That 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. Cryptocurrency mining in uzbekistan can only be carried out by legal entities using solar power, the local crypto watchdog has reiterated. 5827 total views 18 total shares. The regulation clearly states that only legal entities are allowed to carry out crypto mining using electricity produced by a solar photovoltaic station. miners also have the right to connect to a unified electrical power system, with a separate electric energy meter. “the organization of mining activities and service providers is possible. Uzbekistan has legalized cryptocurrency mining and made it tax free – but only if it is powered by the sun. a presidential order was issued this week to permit both foreign and local cryptocurrency mining on the condition that the mines use their own solar energy facility. the government will also exempt companies from paying income tax.
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