NAPP In Uzbekistan Made His Demands Known To Crypto Mining Operators
Earlier in April 2022, the newly-restructured NAPP became Uzbekistan’s exclusive crypto regulator to absorb a special crypto regulation regime in the country. This process came as a row of initiatives released by the Uzbekistan President Shavkat Mirziyoyev to provide the regulatory framework for crypto. But far back as September 2018, Mirziyoyev put forward a law prohibiting local firms from launching their crypto exchanges in Uzbekistan. The law only offered legal status to crypto exchanges established by foreign legal entities.
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The National Agency of Prospective Projects (NAPP) in Uzbekistan made its demands known to crypto mining operators. The Bitcoin mining will be g...