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Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1

Post author:MiamiCrypto
Post published:June 1, 2022
Post category:budget budget receipts budget revenues consumption Crypto crypto miners Crypto mining Cryptocurrencies Cryptocurrency Electricity FEE Government Kazakhstan Levy Mining power surcharge tax Taxation taxes

The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the…

Russian Officials Back Idea of Recognizing Crypto Miners as Entrepreneurs

Post author:MiamiCrypto
Post published:November 10, 2021
Post category:Anatoly Aksakov Bank of Russia budget receipts Central Bank Crypto crypto miners Crypto mining Cryptocurrencies Cryptocurrency Electricity entrepreneurial activity entrepreneurs idea income Miners Mining ministries parliament rates Regulation Regulations revenues rules Russia russian Russian Federation State Duma tariffs tax Taxation

Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory…