Uzbekistan Launches Tax-Free Crypto Mining Zone to Drive Foreign Investment
From financefeeds.com
Uzbekistan has launched a state-backed crypto mining hub, offering sweeping tax incentives to attract global miners and position itself as a regional digital asset powerhouse. The new hub, called Besqala Mining Valley, reflects the country’s significant policy move from restrictive mining rules to a more investment-friendly framework. The Uzbekistan mining hub, located in the autonomous Republic of Karakalpakstan, is built to attract foreign capital into one of Uzbekistan’s least developed regions while expanding its role in the global crypto mining industry. The unique selling point of Uzbekistan’s mining hub is its ...
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