The post Uzbekistan Developing Regulations for Crypto Mining and Token Issuance! appeared first on Coinpedia Fintech News
Uzbekistan is all set to take steps towards regulating the use of cryptocurrency miners and mining pools, as well as assisting entrepreneurs in issuing tokens. The country is ready to implement five legal acts that will cover everything from licensing crypto asset exchanges to registering participants in special regulatory regimes. The move comes as many countries around the world grapple with how to manage the rise of cryptocurrencies and their impact on the financial system by developing clear regulations. Uzbekistan hopes to encourage the growth of the digital asset industry while also protecting investors and consumers from potential risks.
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