Uzbekistan has granted its first official cryptocurrency mining permit to NexaGrid, allowing the company to operate legally in Bukhara’s Romitan. Uzbekistan has granted its first official cryptocurrency mining permit to NexaGrid, enabling the company to operate legally in Romitan, Bukhara region. The license marks a milestone for the country’s crypto sector as authorities formalize mining activities and establish regulatory expectations for operators. NexaGrid’s license paves the way for transparent, compliant mining operations within Uzbekistan’s evolving regulatory framework.
The permit underscores Uzbekistan’s active approach to balancing industry growth with oversight, signaling openness to foreign and local miners under clear rules. With the license in place, NexaGrid can scale its operations within Romitan while authorities monitor compliance and energy usage. This development may attract further investment as the sector seeks predictable governance.
Industry observers view the move as a test case for Uzbekistan’s evolving regulatory landscape, potentially shaping future policy for crypto mining nationwide. As the sector matures, licensed miners could benefit from clearer guidelines, banking relationships, and investor confidence.
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