Uzbekistan has announced the creation of the "Besqala Mining Valley," a special zone dedicated to cryptocurrency mining, as part of efforts to promote green energy and attract international investment. President Shavkat Mirziyoyev signed a decree establishing the zone, which offers significant tax incentives to participants. Miners operating within the zone are exempt from income tax until 2035 and are subject to a 1% management fee based on revenue. The initiative allows miners to sell their crypto assets on both local and international exchanges, with proceeds deposited into domestic bank accounts. Electricity rates are set at 1,800 soums per kilowatt-hour, with special rates available for investments exceeding $100 million. Access to the zone is restricted to locally registered companies with adequate power infrastructure and approved personnel with no history of economic crimes.