Uzbekistan teases benefits for crypto miners in special economic zone
The government of Uzbekistan is creating a “crypto mining valley” in one of its regions bordering Central Asia’s mining powerhouse, Kazakhstan. Miners will be granted almost a decade-long tax exemption as part of the nation’s push to catch up with neighbors that are already ahead in developing the industry. Bitcoin miners to enjoy benefits in Uzbekistan’s new crypto valley Uzbekistani authorities are establishing a special economic zone called the Besqala Mining Valley in the autonomous Republic of Karakalpakstan. The region is situated in the northwestern part of the country and borders Kazakhstan, which accounted for roughly 13% of the global…
