The zone, named Besqala Mining Valley, operates under a new directorate within Karakalpakstan’s Council of Ministers
Crypto News
Uzbekistan has established a state-supervised crypto mining zone in the Republic of Karakalpakstan under a presidential decree signed April 17 and effective April 20, creating a framework that lets registered operators sell mined digital assets on both domestic and foreign platforms while keeping all proceeds inside the country’s banking system.
The zone, named Besqala Mining Valley, operates under a new directorate within Karakalpakstan’s Council of Ministers. Registered legal entities can apply for resident status through that body, access a mix of approved power sources, and sell mined crypto through direct…
