New Crypto Mining Rules in Uzbekistan Include Token Issuance
Uzbekistan’s National Agency for Prospective Projects (NAPP) is working on new crypto mining and token issuance regulations, licensing crypto service providers, and collaborating with law enforcement agencies. Uzbekistan, a Central Asian country with a population of over 33 million, is preparing to introduce new rules for the crypto industry. The country’s main regulator for crypto […]
Uzbekistan issues country’s first crypto licenses
Uzbekistan officials have begun giving crypto licenses to local crypto service providers as the country makes move to implement a new cryptocurrency trading services framework in 2023. According to a declaration made public on November 17, Uzbekistan’s main cryptocurrency market regulator, the National Agency for Perspective Projects (NAPP), has granted the country’s first cryptocurrency licenses. […]
Uzbekistan prohibits access to foreign crypto exchanges
Uzbekistan’s government has already taken a stance on cryptocurrencies, by prohibiting access to several major international crypto exchanges in the country due to claims of unauthorized activities. The National Agency of Perspective Projects (NAPP) in Uzbekistan announced in a statement dated August 10 that access to “different electronic platforms” that offer services for the trade […]
Uzbekistan’s President Issues Decree To Regulate Crypto Industry
The Republic of Uzbekistan is preparing to implement a new cryptocurrency regulatory framework, which will include a 7.5 percent income tax on crypto-related salaries. The Republic of Uzbekistan is moving forward with local cryptocurrency regulations, with Uzbek President Shavkat Mirziyoyev issuing a new decree governing the industry. The new decree, which was issued on Wednesday, […]
BSN blockchain project launches new portals in Turkey and Uzbekistan
The Blockchain-based Service Network (BSN), a Chinese government-backed blockchain project, continues to expand its global reach by launching two new portals in Turkey and Uzbekistan. In late December 2021, Red Date Technology, the project’s architect, will launch two international BSN portals in Turkey and Uzbekistan in collaboration with Turkish consultancy business Turkish Chinese Business Matching […]