Kyrgyzstan’s Crypto Market Surpasses Major Bazaar With $22.8M in Tax Revenue

TLDR: Kyrgyzstan’s crypto sector generated $22.8 million in tax revenue, exceeding major market sources. Digital asset transactions reached $20.5 billion annually with over 200 exchanges operating legally. Crypto taxes surpass combined revenue from Dordoi Bazaar and all patent-paying businesses together. New regulations define cryptocurrencies while international sanctions target alleged evasion schemes.   Kyrgyzstan’s cryptocurrency sector [...]

The post Kyrgyzstan’s Crypto Market Surpasses Major Bazaar With $22.8M in Tax Revenue appeared first on Blockonomi.