Kyrgyzstan’s budget receives 20,987 million people from encryption mining tax in 2025 –

12:58, 06 May 2025Bishkik – 24.KG News Agency By Baktygul Osmonalieva

Since the beginning of the year, the budget of Kyrgyzstan has obtained nearly 21 million Sommes of encryption mining. Data from the Ministry of Finance says.

In the first quarter of 2025, cryptocurrency mining companies transported 20,987 million taxes on the state budget.

The largest amount was registered in March – more than 7 million SOMS. In January and February, the country’s budget received 13.9 million.

The increase in tax transfers reached more than 30 percent compared to the same period last year.

In 2024, the budget received only 53 million Sommes of encryption mining tax. This is 43 percent lower than 2023. Then, revenues amounted to 93.7 million soms.

The encryption mining mining rate is 10 percent of the cost of electricity consumed. It also includes value -added tax and sales tax.

Currently, ten mining companies from the officially registered cryptocurrency operating in the country.