The Parliament adopted and sent for signature to the President a draft tax legislation supporting the crypto industry

Date: 12.12.2023

Two years ago, many foreign investors left Kazakhstan due to the tax burden imposed on digital mining and crypto exchanges.

It is clear that such a bad situation had a significant negative impact on the investment climate and the country's economy.

Since then, we have been thoroughly cleaning up the crypto industry from violations of law and tax evasion, proving our beneficial impact on the country's economy.

This is evidenced by the draft tax legislation on the revision of excessively stringent tax rates.

It's time to see the fruits of this innovative industry.

We always try to support any initiatives in this area, from the point of view of legislation and taxation.