Kazakhstan to Introduce New Tax Regime for Bitcoin Miners - BitcoinEthereumNews.com
The government of Kazakhstan is currently working on increasing the taxes on क्रिप्टोकूआरजेसी खनन, while expressing its intent to tie the new rate to the value of the minted cryptocurrency. में recently issued statement by the Minister of National Economy, Alibek Kuantyrov, implementing this mechanism will help increase the countrys budget receipts. “We are considering increasing the tax burden for miners, at the moment we are also considering linking the tax rate for miners to the value of the cryptocurrency. If the cryptocurrency grows, it will be good for the budget,” Kuantyrov said. If the government moves ahead with this plan, it means miners in Kazakhstan would see their taxes grow in tandem with value of digital assets they are mining. Kazakhstan became a crypto mining hub after Chinas ban on the activity led to the migration of miners to friendly jurisdictions. However, the Asian countrys attitude towards miners has काफी बदल गया from what it used to be. Last summer, mining enterprises were forced to pay more than most consumers, given the rising costs of energy usage within the country. Consequently, tariffs were increased to 10 Kazakhstani tenge (approximately $0.0022) per kilowatt-hour (kWh) of electrical power. Additionally, several mining stations were बंद करने को मजबूर, because