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Kyrgyzstan's cryptocurrency mining tax revenue in 2023 is approximately 1 million dollars

2023-12-29 13:31:44

ChainCatcher news, the Kyrgyzstan government raised $1 million through cryptocurrency mining taxes in 2023.

It is reported that as of the first 11 months of 2023, the national treasury has collected $900,000 in taxes from cryptocurrency miners, with miners paying over $132,000 in taxes in August. Data shows that cryptocurrency mining activities in the country have increased, especially as tax payments began to grow actively in the second quarter.

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