Uzbekistan creates state-backed crypto mining zone with tax breaks
Cointelegraph·60-word summary·1 min read
Uzbekistan has established a state-backed crypto mining zone in Karakalpakstan, offering tax breaks to attract miners. The zone allows foreign sales of mined cryptocurrencies, but proceeds must be processed through local bank accounts. This move aims to boost the country's crypto industry and attract international investment, marking a significant step in Uzbekistan's blockchain development efforts.
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Salesforce (CRM) stock opened at $187.17, below its 52-week high of $296.05, amid a major AI partnership with Google Cloud announced in April 2026. M&T Bank increased its CRM stake by 166.6% in Q4, with institutional investors now holding 80.43%. The collaboration aims to enable seamless end-to-end workflows across both platforms, boosting Salesforce’s AI capabilities.