Uzbekistan's ministry of justice sets state duty rates for crypto exchanges

Dec 20 | 15:19

2 min

The Ministry of Justice of Uzbekistan has registered a document from the National Agency for Perspective Projects (NAPP), which establishes the state duty rates for issuing licenses to operate cryptocurrency exchanges, exchange offices, and mining pools.

The following rates are established in the country:

For exchanges — 73,400 BRAW (approximately $2.1 million);
For exchange offices in the text of the document - crypto shops — 3,700 BRAW (around $108,300);
For custodial services crypto depositories — 7,000 BRAW (about $201,100);
For mining pools — 3,000 BRAW (approximately $85,100).

The state duty rates were set taking into account global experience and recommendations from international crypto exchanges.

Earlier, the head of Morocco's Central Bank, Abdellatif Jouahri, expressed that the country's authorities wish to lift the ban on operations with digital assets.