11 months ago

Uzbekistan, a country located in Central Asia near Kazakhstan and Afganistan, officially legalized operations with cryptocurrencies. All transactions related to the purchase, sale and exchange of cryptocurrency in Uzbekistan will not be taxable, and the revenue allegedly will not be included in the taxable base as well.

Earlier this year, President of Uzbekistan signed a decree demanding to develop a crypto regulation and to create a “competence center” to study blockchain and its potential.