Kazakhstan Sees Sharp Rise in Cryptocurrency Tax Collection in 2025

Kazakhstan has witnessed a substantial increase in tax revenues generated from cryptocurrency transactions, collecting over 13.1 billion tenge from January 1 to September 22, 2025.

The figures reveal a steady rise in crypto-related tax contributions over the past few years, The Caspian Post reports via Kazakh media.

2023: 7.4 billion tenge

2024: 9.8 billion tenge

2025 (year-to-date): 13.1 billion tenge

Talgat Adilov, Head of the Digital Asset Administration Department, said during a recent briefing that Kazakhstan has had a tax framework for digital assets in place for several years.

“This is a digital asset, and we have been accounting for it. Formal regulations were introduced in 2022. Before that, income from cryptocurrency transactions was categorized as ‘miscellaneous income’ and reported via a specific tax form, Form 240,” Adilov explained.

In a related announcement, President Kassym-Jomart Tokayev, during his State of the Nation Address on September 8, revealed plans to establish a Digital Assets Fund designed to create a strategic cryptocurrency reserve for Kazakhstan.