Cryptocurrency mining tax revenues to Kyrgyzstan' s budget continue to decline – 24.KG

Cryptocurrency mining tax revenues to Kyrgyzstan’s budget are on the decline, according to a report by 24.KG. The country has been seeing a decrease in the amount of taxes generated from cryptocurrency mining activities. This trend is concerning for the government as it heavily relies on these revenues to fund various programs and services. The decrease in tax revenues from cryptocurrency mining could have a significant impact on the country’s budget and its ability to meet its financial obligations. It is important for the government to closely monitor this situation and find alternative sources of revenue to make up for the shortfall.