Uzbekistan Sets Strict Rules for Corporate Crypto Mining Using Solar Power
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Cryptocurrency mining in Uzbekistan can only be done by legal entities using solar power, per the country's crypto watchdog.
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The National Agency for Perspective Projects (NAPP) issued a decree approving a framework for licensing crypto mining operations.
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The NAPP banned individual miners and required firms to only use solar power for mining cryptocurrencies like Bitcoin.
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The rules require crypto mining companies to set up a dedicated mining room and only mine at a registered address.
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The NAPP prohibited miners from mining anonymous cryptocurrencies like Monero that allow hiding transactions.