💥 Crypto business in Uzbekistan under pressure: state duties have increased tenfold!
Uzbekistan surprised the crypto community with a sharp increase in duties for market participants. Here are the new tariffs:
🔺 Crypto exchanges - from $21,000 to $2.1 million
🔺 Exchangers - from $5,300 to $108,300
🔺 Custody services - up to $201,100
🔺 Mining pools - up to $85,100
📢 The regulator's goal: to protect the market from fraudulent projects and increase the level of control.
🤔 But what will happen next?
Such high tariffs can:
1️⃣ Scare away small players and startups.
2️⃣ Strengthen the monopoly of large companies.
3️⃣ Cause the growth of the shadow cryptocurrency market.
💡 What do you think? Protection or restriction? Write in the comments, let's discuss! 💬