Uzbekistan sets licensing fees for cryptocurrency service providers

BUSINESS 16:38 / 19.12.2024 352

According to the document, the licensing fees are as follows:

•  Cryptocurrency exchanges: 73,400 BCU (27,525,000,000 UZS)
•  Mining pools: 3,000 BCU (1,125,000,000 UZS)
•  Crypto depositories: 7,000 BCU (2,625,000,000 UZS)
•  Crypto shops: 3,700 BCU (1,387,500,000 UZS)

As of October 1, 2024, the base calculation unit is set at 375,000 UZS.

It should be recalled that earlier, a 17-year-old teenager from Bukhara was arrested for engaging in unauthorized cryptocurrency transactions valued at 34 billion UZS (approximately $2.6 million).

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