{"id":73434,"date":"2023-02-01T18:01:31","date_gmt":"2023-02-01T16:01:31","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=73434"},"modified":"2025-09-09T14:07:59","modified_gmt":"2025-09-09T11:07:59","slug":"uzbekistan-collected-more-than-310000-in-fees-from-the-bitcoin-industry-in-2022","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/uzbekistan-collected-more-than-310000-in-fees-from-the-bitcoin-industry-in-2022\/","title":{"rendered":"Uzbekistan collected more than $310,000 in fees from the Bitcoin industry in 2022"},"content":{"rendered":"

In 2022, five licensed cryptocurrency companies in Uzbekistan paid 3.5 billion soums (over $310,000) into the budget. This was announced by representatives of NAPP<\/span> at a press conference<\/a> on the agency’s results.<\/p>\n

According to them, this was made possible by upgrading the licensing system for companies and introducing fixed fees for activities in the turnover of crypto assets.<\/p>\n

At present, UzNEX Exchange and four crypto shops \u2014 Crypto Trade NET, Crypto Market<\/a>, Crypto Express and Coinpay.<\/p>\n

Under the law<\/a>, providers of cryptocurrency services pay fixed monthly fees to the budget. For exchanges the amount is 400 BRV<\/span> (120 million soums or a little over $10,600), for crypto shops [in the law they are called crypto shops] \u2014 20 BRV (6 million soums or about $532).<\/p>\n

80% of the fees are directed to the budget, the remaining 20% go to the treasury accounts of the Agency for Prospective Projects in a commercial bank.<\/p>\n

Transactions by legal and natural persons related to crypto asset turnover, including those conducted by non-residents, are not subject to taxation.<\/p>\n

Earlier in June 2022, NAPP developed a regulation on registration for miners<\/a>.<\/p>\n

For more on Uzbekistan’s crypto-market regulation adopted in 2022, read ForkLog’s special material.<\/p>\n","protected":false},"excerpt":{"rendered":"

During 2022, five licensed cryptocurrency companies in Uzbekistan paid 3.5 billion soums (over $310,000) to the budget.<\/p>\n","protected":false},"author":1,"featured_media":73435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[36,558,1206],"class_list":["post-73434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-regulation","tag-taxes","tag-uzbekistan"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=73434"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73434\/revisions"}],"predecessor-version":[{"id":73436,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/73434\/revisions\/73436"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/73435"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=73434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=73434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=73434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}