{"id":96358,"date":"2026-04-21T12:07:02","date_gmt":"2026-04-21T09:07:02","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=96358"},"modified":"2026-04-21T12:10:09","modified_gmt":"2026-04-21T09:10:09","slug":"uzbekistan-to-establish-cryptocurrency-mining-zone","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/uzbekistan-to-establish-cryptocurrency-mining-zone\/","title":{"rendered":"Uzbekistan to Establish Cryptocurrency Mining Zone"},"content":{"rendered":"<p>Uzbekistan&#8217;s President Shavkat Mirziyoyev <a href=\"https:\/\/lex.uz\/ru\/docs\/8146414\">signed<\/a> a decree to establish the Besqala Mining Valley, a special zone for cryptocurrency mining, in Karakalpakstan. The project encompasses the entire territory of the republic.<\/p>\n<p>The initiative aims to develop mining based on &#8220;green&#8221; energy and attract investment to the region. Participants are permitted to use the general power grid and alternative sources, including hydrogen stations. Excess heat from the farms can be redirected by residents to heat greenhouses.<\/p>\n<p>Miners have been granted the right to sell cryptocurrency on local and foreign exchanges or through direct transactions. Revenue can be credited to accounts in Uzbek banks.<\/p>\n<p>Until January 1, 2035, the income of Besqala Mining Valley participants is exempt from taxes. Instead, residents will pay a monthly fee of 1% of revenue to the zone&#8217;s administration.<\/p>\n<p>The electricity tariff for miners is set at 1800 soms per kWh (a double coefficient for Group II consumers). Exceptions are provided for projects with investments exceeding $100 million.<\/p>\n<p>Only companies registered in Karakalpakstan can become residents. Applicants must have suitable premises and functional electrical networks. Leaders and founders are prohibited from having convictions for economic crimes.<\/p>\n<p>To commence operations, a legal entity must obtain resident status and permission from the National Agency for Perspective Projects.<\/p>\n<p>Earlier in January, Uzbekistan <a href=\"https:\/\/forklog.com\/en\/news\/uzbekistan-recognises-stablecoins-as-legal-tender\">introduced<\/a> a special legal regime under which <a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">stablecoins<\/a> became an official means of payment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uzbekistan&#8217;s President Shavkat Mirziyoyev signed a decree to establish the Besqala Mining Valley, a special zone for cryptocurrency mining, in Karakalpakstan.<\/p>\n","protected":false},"author":1,"featured_media":96359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Uzbekistan to establish Besqala Mining Valley for cryptocurrency mining.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1206],"class_list":["post-96358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-uzbekistan"],"aioseo_notices":[],"amp_enabled":true,"views":"32","promo_type":"1","layout_type":"1","short_excerpt":"Uzbekistan to establish Besqala Mining Valley for cryptocurrency mining.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=96358"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96358\/revisions"}],"predecessor-version":[{"id":96360,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96358\/revisions\/96360"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/96359"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=96358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=96358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=96358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}