Uzbekistan Unveils Tax-Free Crypto Mining Zone with 1% Revenue Fee

Uzbekistan has launched its first dedicated cryptocurrency mining zone, Besqala Mining Valley, offering tax-free operations until 2035. The new zone requires a 1% revenue fee and electricity rates at twice the standard commercial tariff.

The government believes this initiative will attract domestic and international investment while ensuring sustainable energy management. This move positions Uzbekistan among jurisdictions offering specialized environments for cryptocurrency mining operations.

Eligible mining companies operating within Besqala Mining Valley will receive tax exemptions until 2035, providing investors with long-term predictable fiscal conditions.