- Cryptocurrency miners in Kazakhstan are to be required to convert up to three quarters of their income on locally registered exchanges.
- The authorities also want mining pools to pay taxes on their profits and exchanges to pay fees.
- Introducing legal mechanisms to control the use of electricity in the sector is another major motive for the sponsors of the draft law, as indicated by Ekaterina Smyshlyaeva, member of the Mazhilis Committee for Economic Reform and Regional Development.
Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in…
