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Kyrgyzstan Poised to Legitimize Crypto Mining
5.6.2020
Kyrgyzstan’s parliament is deliberating on a tax regime for miners that would be the country’s first regulated framework for crypto activities
3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners
12.2.2020
As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. Last spring, Chinese bitcoin mining operations flocked to Iran for extremely affordable...
From Health Care to Mining, Central Asia Stays on the Blockchain Beat
12.12.2019
Crypto and blockchain adoption appears to be gathering steam in Central Asia
Kyrgyzstan Cuts Off Power to 45 Crypto Miners for Overconsumption
20.9.2019
Kyrgyzstan cuts off power to 45 crypto mining firms as they consumed more energy than three local regions combined
28 Bitcoin Mining Firms Faced Power Supply Suspension in Kyrgyzstan
13.9.2019
Water being the lifeblood of an array of crucial activities, both personal and industrial, has been a raging concern in modern times as it faces crisis globally. Misuse of water and drastic seasonal imbalances affecting available water resources have raised a serious question on humankind....
Kyrgyzstan Proposes a Law to Tax Cryptocurrency Mining After Banning The Same In 2014
1.9.2019
According to reports from the regional news outlet Kabar, the Ministry of Economy of the Kyrgyz Republic has submitted a draft law “On Amending the Tax Code”. The law will introduce taxes on cryptocurrency mining activities. Back in July 2014, the central law authority of the country had explicitly...
Kyrgyzstan Proposes Draft Law to Introduce Crypto Mining Taxation
31.8.2019
After banning cryptocurrencies in 2014, Kyrgyzstan has now submitted a draft law that will allow taxation on cryptocurrency mining