Kyrgyzstan crypto mining tax collection falls 50% year-over-year in 2024
A report on the 2024 Kyrgyz government revealed crypto mining taxes contributed only around $535,000. This value dropped by nearly half compared to last year’s crypto mining tax collection. According to a budget document released by the Kyrgyzstan Ministry of Economy and Finance, cryptocurrency mining taxes have fallen by 50% this year. Crypto mining tax […]
Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024
Kyrgyzstan is considered an ideal destination for cryptocurrency miners, due to its untapped renewable energy resources. Source link
