Preliminary data for 2023 shows that by April 27, mining fees collected in the country were worth over $541,000. The amount is considerably lower compared to the same period in 2022.
. The amended legislation was also considered a legal path for further adoption amid tightening regulations around the world.
A wave of foreign mining operators relocated to Kazakhstan in 2021 during the last bull market, affecting already difficult relations between the country and miners. Some estimates indicate that more than 87,849 rigs have beenRecently, the governmentto curb tax fraud and unlawful business operations. One of the proposals calls for a government approval for secured digital assets issuers, while another would require miners to sell at least 75% of crypto earned via registered exchanges.
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