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Jan 23

Uzbekistan introduced fines and sentences for illegal transactions with cryptocurrencies

On January 19, President Shavkat Mirziyoyev of Uzbekistan signed a law introducing criminal and administrative penalties for illegal activities related to the mining and use of cryptocurrencies. The new legislation includes two additional articles in the Code of Administrative Responsibility, targeting illegal acquisition, sale, or exchange of cryptocurrencies, as well as the activities of service providers without a license. Offenders face administrative arrest for up to 15 days or fines ran...
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