Uzbekistan creates state-backed crypto mining zone with tax breaks
Burns Brief
Miners can sell crypto using foreign platforms or via direct deals, but must transfer all proceeds to domestic bank accounts The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Miners can sell crypto using foreign platforms or via direct deals, but must transfer all proceeds to domestic bank accounts.
Key Takeaways
- Miners can sell crypto using foreign platforms or via direct deals, but must transfer all proceeds to domestic bank accounts