Kyrgyzstan’s Crypto Mining Tax Revenue Halves to $535K in 2024
In 2024, Kyrgyzstan saw a significant drop in tax revenue from cryptocurrency mining, despite the global rise in crypto valuations. The country’s tax receipts from mining fell by 50% compared to 2023, according to Coinpedia Fintech News. The Ministry of Economy and Finance reported that Kyrgyzstan collected approximately $535,000 in mining taxes this year. This…