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Cryptopolitan 2024-01-02 06:06:09

Kyrgyzstan reports surge in tax revenue from crypto mining

Kyrgyzstan, a nation with abundant untapped hydroelectric capacity, has seen a significant increase in tax revenue from cryptocurrency mining in 2023. The government collected 78.6 million soms (approximately $883,000) from crypto miners in the first 11 months of the year, marking a substantial rise compared to the previous year. Kyrgyzstan’s rapid growth in crypto mining

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