Uzbekistan establishes the Besqala mining valley, promoting tax-free green cryptocurrency mining before 2035.

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Mars Finance News: Uzbek President Shavkat Mirziyoyev has signed a decree to establish the “Besqala Mining Valley” cryptocurrency mining zone, aimed at developing green energy mining and attracting international investment. Miners can sell crypto assets on local and overseas exchanges, with profits directly deposited into their domestic bank accounts. Regarding policies, zone participants are exempt from income tax until 2035, and only need to pay a 1% management fee on revenue; electricity is priced at 1,800 som per kilowatt-hour, with special incentives for projects exceeding $100 million in investment. Entry is limited to companies registered locally that have electrical facilities and pass approval, and relevant personnel must have no criminal record related to economic crimes.

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