Gate News message, April 23 — Uzbekistan is establishing a special crypto mining zone called "Besqala Mining Valley" in Karakalpakstan, an autonomous republic in northwestern Uzbekistan, according to a decree by President Shavkat Mirziyoyev. Mining operations in the zone will be exempt from income t

Gate News message, April 23 — Uzbekistan is establishing a special crypto mining zone in Karakalpakstan called "Besqala Mining Valley," where mining income will be exempt from tax until 2035, according to a presidential decree from President Shavkat Mirziyoyev. The zone will permit mining

Major CEX urges Congress to set a minimum tax-exemption for crypto transactions and offer flexible staking-report timing, citing IRS forms show most trades under thresholds and heavy reporting burden. The article reports that a major centralized exchange is urging U.S. Congress to establish inflation-adjusted minimum exemption thresholds for crypto transactions and to allow taxpayers to choose when to report staking rewards. It cites CoinDesk data showing 56 million crypto tax forms filed for 2025, with most transactions valued under $50, illustrating the administrative burden of current reporting rules and the need for policy changes.

FCA raids eight London sites tied to unregistered P2P crypto trading, issuing cease-and-desist notices. Evidence points to money-laundering and terror-financing probes; no P2P platform is FCA-registered; enforcement signals a tougher AML crackdown. Abstract: The FCA, with tax authorities and police, conducted surprise raids at eight London sites linked to unregistered peer-to-peer crypto trading, issuing cease-and-desist notices. The operation underpins ongoing money-laundering and terrorist-financing probes. No P2P platform is FCA-registered in the UK. Analysts view the action as a shift from statements to enforcement, signaling potential broader crackdowns under AML and financial-promotion rules for crypto assets, which remain high-risk investments.

Uzbekistan launched the Besqala Mining Valley zone in Karakalpakstan with tax exemptions until 2035; miners must bank revenue in Uzbekistan and pay 1% monthly to the zone, with use of renewables allowed. Abstract: Uzbekistan established Besqala Mining Valley in Karakalpakstan as a state-backed crypto mining zone. It provides tax exemptions through 2035, requires miners to deposit all revenue in Uzbek banks, imposes a 1% monthly levy to zone authorities, and permits mining with renewables, hydrogen, and grid power.

Gate News message, April 22 — Hong Kong Chief Executive John Lee stated today that the suspension of the basketball betting tax policy requires careful risk management, citing concerns related to virtual currencies and illegal prediction markets. Lee emphasized that the halt is not solely about

Gate News message, April 22 — UK startup Stratiphy will offer both cryptocurrency exchange-traded notes (ETNs) and innovative finance individual savings accounts (IF ISAs), allowing investors to hold crypto assets in tax-advantaged accounts. The platform provides three ETNs issued by a leading

Uzbekistan launches the Besqala Mining Valley SEZ for green-energy crypto mining, offering tax exemptions to 2035, a 1% admin fee, 1,800 Som/kWh, export access, and eligibility limited to compliant, locally registered firms.

Gate News message, April 21 — South Korea's National Tax Service has issued an urgent procurement tender for crypto asset tax evasion response transaction tracking software, according to the country's national comprehensive e-procurement system. The project budget is set at 146.5 billion Korean