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Market Cap:
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Bitcoin Bitcoin Share: 58.2%
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Bitcoin.com
2023-05-05 23:30:27

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

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

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