President of Uzbekistan signs legislative amendments related to mining licenses

Odaily Planet Daily News The President of Uzbekistan signed legislative amendments, including mining licenses. Uzbekistan is in the process of supplementing and amending relevant laws to establish new types and sub-types of permitted activities (cryptocurrency exchanges, mining pools, cryptocurrency storage and mining activities). Uzbekistan’s National Agency for Prospective Projects (NAPP) will be responsible for licensing regulations related to crypto assets, and legal entities must pay taxes after obtaining a license. Cryptocurrency service providers operating without a license and unlicensed mining activities will be subject to fines. (Forklog)