Cryptocurrency mining in Uzbekistan is now restricted to legal entities using solar power, according to the country’s cryptocurrency watchdog. The regulator has approved a licensing framework for crypto mining, imposing several requirements, including setting up a dedicated room for mining equipment and only mining crypto at the registered address. Mining firms must also pay timely and full mining fees established by regulators. The National Agency for Project Management (NAPP) stated that all mining operations and services are only possible after obtaining the necessary permits and licenses. The NAPP did not immediately respond to requests for comment.
AI Sentiment: Neutral