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Kazakhstan offers crypto tax exemption to drive wealth to local exchanges


Kazakhstan offers crypto tax exemption to drive wealth to local exchanges

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Kazakhstan President Kassym-Jomart Tokayev signed a decree granting a three-year income tax exemption on individual digital-asset gains, a tax-free period expected to repatriate about 1 million crypto wallets from foreign platforms to licensed domestic exchanges. The policy should boost onshore CEX liquidity and crypto adoption, strengthen regulatory oversight, and potentially increase local market activity and fundraising opportunities in the crypto sector.

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Kazakhstan President Kassym-Jomart Tokayev has signed a decree exempting individuals from income tax on digital-asset gains for three years. The decree is expected to move an estimated 1 million crypto wallets off foreign platforms and onto licensed domestic exchanges. Three-year tax-free period in Kazakhstan President Kassym-Jomart Tokayev has signed a decree created by three bodies;...
Read the article at CryptoPolitan

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