Crypto
Uzbekistan to build crypto mining valley near Kazakhstan border, tax exemptions until 2035
Uzbekistan plans to set up a special crypto mining zone in the Karakalpakstan Autonomous Republic and give tenant companies tax exemptions until Jan. 1, 2035. President Shavkat Mirziyoyev signed a decree establishing the Beskala Mining Valley near the Kazakhstan border. Tenant miners will have unrestricted access to Uzbekistan’s unified power grid, with additional power supplied by a hydrogen power plant to be built in Karakalpakstan. Companies must obtain a licence from the National Agency for Perspective Projects.
