Uzbekistan has established a special crypto mining zone across Karakalpakstan, introducing tax incentives, expanded power options, and a dedicated regulatory framework to attract licensed mining companies.
Summary
- Uzbekistan has launched the Beshkala Mining Valley as a regulated crypto mining zone across Karakalpakstan
- Licensed miners can use grid power, renewable energy, and hydrogen while receiving tax exemptions through 2035
- Mining companies must keep crypto sale proceeds in Uzbek banks and operate under state licensing rules
- The project allows miners to reuse excess heat for greenhouse farming as part of the regional development plan.
Under a presidential…
