Kazakhstan to introduce new energy fees for crypto miners in 2022 By Cointelegraph – Investing.com

kazakhstan crypto energy fees miners
Middle East
  • Date: 01-Jul-2021
  • Source: Investing.com
  • Sector: Oil & Gas
  • Country: Middle East
  • Who else needs to know?

Kazakhstan to introduce new energy fees for crypto miners in 2022 By Cointelegraph – Investing.com

As Kazakhstan becomes increasingly popular for cryptocurrency mining, the country’s president has signed a new law introducing an extra levy for crypto miners.

President of the Republic of Kazakhstan Kassym-Jomart Tokayev recently signed last a new law that imposes an additional tax fee for energy utilized by crypto miners operating in the country. The new fees will take effect starting in January 2022.

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