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CATEGORY: mining industry


May 06, 2023 05:50

Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector

The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting the industry’s access to low-cost energy while increasing its tax burden. Miners Face Higher Expenses, More Challenges Under New Legislation Kazakhstan’s coffers have [...]

The post Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector appeared first on Crypto Breaking News.

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