Kazakhstan Won’t Tax Cryptocurrency Mining: Report

Cointelegraph | Dec 4, 2019 at 4:15 PM
  • Kazakhstan’s lawmakers won’t be taxing cryptocurrency mining until the mined crypto is exchanged for fiat money.
  • Digital assets and cryptos won’t be considered as subject to taxation because tax liabilities only apply to the income made in “real money”.
  • As such, taxes will only be applicable when cryptocurrency is exchanged for fiat money.