Lawmakers' from Kazakhstan's Will Not Be Taxing Cryptocurrency Mining

Lawmakers' from Kazakhstan's Will Not Be Taxing Cryptocurrency Mining
Kazakhstan’s lawmakers have decided not to tax crypto mining unless it has been exchanged for fiat money. Madi Saken, a legislative analyst at NABDC, elaborates, “Tax liabilities only emerge when there is an income in the form of real money, particularly when a cryptocurrency is exchanged for real money, which means it is sold on an exchange.”

Lawmakers' from Kazakhstan's Will Not Be Taxing Cryptocurrency Mining