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Crypto companies operating in Uzbekistan are now expected to pay monthly fees to the government. The development is part of efforts by the country to regulate the sector. (Read More)
Just one cryptocurrency exchange in Uzbekistan has been granted a license so far. Uzbek residents are urged by the NAPP
The Uzbekistan government has blocked internet protocol (IP) addresses of foreign firms or exchanges offering crypto services in the Central Asian country. (Read More)
Uzbekistan’s National Agency of Prospective Projects (NAPP) made public its expectations of cryptocurrency mining companies. Only businesses that employ solar energy would be permitted to mine Bitcoin (BTC) or other cryptocurrencies. The normative act, dated June 24, on the government website, outlines the confirmation of “Guidelines on the registration of the crypto assets mining,” and […]
Uzbekistan introduces a tax-free, solar-powered solution for crypto miners. Firms to pay double to use regular energy for mining. Kazakhstan ...
Uzbekistan, a Central Asian country, has voted to enable enterprises to mine cryptocurrency using solar energy. Crypto mining will also provide tax benefits to the corporations. All crypto activities by domestic and foreign enterprises will be free from income tax in the country. In 2018, Uzbekistan welcomed the cryptocurrency industry by allowing cryptocurrency trading, but […]
Companies in Uzbekistan can start mining cryptocurrencies using solar energy, a presidential decree released this week stated. (Read More)
Central banks ramped up gold purchases in June, according to statistics from the International Monetary Fund (IMF). In this period, central banks added 55 tonnes of gold to their reserves after three months of net selling, with China purchasing the most gold (21 tonnes). Central Banks Back to Purchasing Gold in June The world’s central [...]
The post Central Banks Resumed Gold Purchases in June appeared first on Crypto Breaking News.
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