Uzbekistan to Establish Besqala Mining Valley Crypto Zone
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Apr 17, 2026: President Mirziyoyev signed Resolution PQ-143 to establish the Besqala Mining Valley across Karakalpakstan, building on crypto law PQ-3832 (2018). The zone targets renewable-powered crypto mining, offers full tax exemption on mining income until Jan 1, 2035, and aims to attract investment, create jobs, and boost mining adoption. Includes strict registration and compliance requirements; likely to increase Uzbekistan mining investment and adoption while concentrating activity and raising regulatory oversight risks.
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- Uzbekistan’s President signed Resolution PQ-143 to create the Besqala Mining Valley in Karakalpakstan.
- The zone builds on existing crypto laws, such as PQ-3832 from 2018, to promote renewable-powered mining.
- Under the plan, residents in the zone will receive full tax exemptions on mining income until January 1, 2035.
On April 17, 2026, Uzbekistan President Shavkat Mirziyoyev signed Presidential Resolution PQ-143 to establish the Besqala Mining Valley, a special cryptocurrency mining zone covering the entire Republic of Karakalpakstan. The initiative aims to create favorable conditions for green energy-powered mining, attract investment, create jobs, and improve local welfare, while enforcing strict registration and compliance requirements.
Uzbekistan To Establish Besqala Mining Valley in Karakalpakstan
On April 17, 2026, Uzbekistan’s President signed President…
Read The Full Article Uzbekistan to Establish Besqala Mining Valley Crypto Zone On Coin Edition.
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