Browsing: Kyrgyzstan

tax-revenue-from-cryptocurrency-mining-modest-but-growing-in-kyrgyzstan

Kyrgyzstan’s untapped hydroelectric capacity could make it a future mining powerhouse, but its progress has been slow. The government of Kyrgyzstan collected 78.6 million soms (almost $883,000) in taxes from cryptocurrency miners in the first 11 months of 2023, according to local press reports citing the Finance Ministry. That was a dramatic rise over last

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