According to local media reports, the Kazakhstan government collected 3.07 billion tenges (around $7 million) in tax payments from crypto mining entities in 2022 after implementing a revised law governing the financial obligations of mining cryptocurrencies.
However, preliminary government data for 2023 show that mining fees collected by April 27 amounted to only 240 million tenges (over $541,000), which is much lower than the 652 million tenges (~$1.5 million) paid in Q1 2022.
Read more: Kazakhstan crypto mining taxes