Uzbekistan has for the first time issued a permit to mine cryptocurrency in its territory, entering the region’s expanding coin minting market.

The move puts an end to months of uncertainty, the newly licensed miner said, promising to “build the infrastructure of the future” in the country.

Uzbekistan greenlights its first legal crypto mining project

The Central Asian nation of Uzbekistan has issued its first permit for cryptocurrency mining to a private company, which plans to base its operations in the southwest Bukhara region.

The mining firm, NexaGrid, has received the official authorization from the National Agency of Perspective Projects (NAPP) this week, local media reported late Friday.

The government body, which is…