Kazakhstan Earns $7 Million in Taxes from Cryptocurrency Mining in 2022

The government of the Republic of Kazakhstan for 2022 received 3.07 billion tenge (about $7 million) in taxes from miners. The reason, according to local media, is the entry into force of amendments to the Tax Code. According to the republican government, taxes collected ...

Kazakhstan Closes Illegal Cryptocurrency Exchange

The Financial Monitoring Agency (AFM) of Kazakhstan has reported the closure of an illegal cryptocurrency exchange, ABS Change, by law enforcement agencies. The exchange was founded by three Kazakh citizens who operated outside the Astana International Financial Center (AIFC), which is the only t ...