Kazakhstan’s Authorities to Force Crypto Miners to Pay Taxes

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The lower house of the Parliament of Kazakhstan has recently adopted an amended version of the draft law “On regulation of digital assets,” a document that introduces a special tax for miners and sets a limit on energy consumption for citizens and companies mining cryptocurrency.

The bill will now be sent to the upper house of parliament for its subsequent discussion. If the document is approved by the senators, it will be handed over to the President of Kazakhstan for signature.

However, if the Senate does not approve the bill, it will return for revision to the lower house.

Crypto miners started to move to Kazakhstan from China last year. As a result, the country was included in the list of states with the largest volumes of BTC capacities.