The NAPP has mandated that businesses only utilize solar power to mine cryptocurrencies.
Uzbekistan has issued a rule requiring licensing for crypto mining operations.
With the approval of a framework for licensing crypto mining activities by the country’s crypto market regulator, crypto mining in Uzbekistan is about to undergo significant change. The National Agency for Perspective Projects (NAPP) in Uzbekistan has issued a rule requiring licensing for crypto mining operations. Thus restricting crypto mining to legitimate businesses.
The NAPP has mandated that businesses only utilize solar power to mine Bitcoin and other cryptocurrencies. In addition to outlawing the activities of private miners. The country’s law does provide exceptions for miners that need to tap into the country’s centralized electricity grid.
Stringent Compliance
Moreover, the crypto regulator in Uzbekistan mandated, among other things, that businesses have a separate room set aside for installation mining e
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