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 ...
Tag: Uzbekistan
Uzbekistan Sets Strict Guidelines for Crypto Mining With Solar Power Mandate
10 hours ago | 2 mins read Bitcoin News Uzbekistan-registered exchange would be the sole option for trading in mined assets. Only crypto exchanges founded by foreign legal companies were given legal s...
from yachts to the United Nations
Many people occasionally travel for work. But for some, travel is at the heart of their jobs. CNBC Travel spoke with people from four industries about occupations where working from home — or an offic...
Uzbekistan Makes Solar-Powered Crypto Mining Legal and Tax-Free
Central Asian nation Uzbekistan will permit crypto mining using solar-powered energy, according to a presidential decree released earlier this week. Uzbekistan Legalizes Solar-Powered Crypto Mining Re...
Uzbekistan Offers Tax Benefits For Crypto Miners Using Renewable Energy Sources
The new presidential decree published on April 27 will cause electricity prices pulled from the standard energy grid to increase by double. The Uzbekistan new law will support the use of solar power i...
Uzbekistan Enables Companies to Mine Bitcoin Using Solar Energy (Report)
The government of Uzbekistan will reportedly allow local firms to mine digital assets using solar energy. It will also exempt all crypto mining operators from paying income tax. Uzbekistan Urges for U...
Uzbekistan Legalizes Crypto Mining – but Only if Powered by Solar Energy
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 mi...
Solar-powered Crypto Mining Becomes Legal in Uzbekistan
Companies in Uzbekistan can start mining cryptocurrencies using solar energy; a presidential decree released this week stated. The decree has also exempted all crypto operations by domestic and foreig...
Uzbekistan Publishes Crypto Regulation Framework, Assigns Supervising Agency
As of Jan. 1, 2023, Uzbekistan residents will be able to buy or sell crypto only on the local exchanges, which must verify the identity of users through a know-your-customer process and store data abo...
The President Of Uzbekistan Has Issued A Decree Regulating Cryptocurrency Mining As Well As Trade
Participants in a new regulatory sandbox that the NAPP will develop to pilot crypto projects will also receive tax incentives. Other obligations to the state budget will be waived for the entities eng...
Uzbekistan President Issues Decree Regulating Cryptocurrencies, Mining and Trading – Coinotizia
The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev. The document provides definitions for terms like crypto assets, exchang...
Uzbekistan President Issues Decree Regulating Cryptocurrencies, Mining and Trading – Regulation Bitcoin News
The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev. The document provides definitions for terms like crypto assets, exchang...
Neighbors In Crisis, Uzbekistan Shifts Focus To Investment
President of Uzbekistan Shavkat Mirziyoyev, center, takes a tour of the Capitol Rotunda with Rep. … [+] Trent Kelly, right, on May 17, 2018. (Photo By Tom Williams/CQ Roll Call) CQ-Roll Call, In...