Kyrgyzstan
Bitcoin Countries
Kyrgyzstan has become one of the world's most Bitcoin-friendly jurisdictions for mining, leveraging abundant cheap hydropower for industrial-scale operations. Parliament passed a landmark Virtual Assets law establishing VASP registration, energy transparency requirements, and — uniquely — government-operated Bitcoin mining using state infrastructure and a state crypto reserve. Over 169 virtual asset operators, 13 crypto exchanges, and 11 industrial mining companies operate legally in the country.
Details
- Known For
- State-operated Bitcoin mining, government crypto reserve, Virtual Assets law, cheap hydropower for mining
- Legislation
- Virtual Assets Law (2024-2025)
- Legal Status
- legal
- Mining Legal
- Yes
- Tax Treatment
- 10% power tax on mining; no capital gains tax
- Notable Policy
- Kyrgyzstan legalized Bitcoin mining in 2022; government issues mining licenses; cheap hydroelectric power attracts miners
- Regulatory Body
- National Bank of the Kyrgyz Republic
- Btc Etf Approved
- No
- Capital Gains Tax
- No
- Regulatory Stance
- cautious_friendly
- Bitcoin Legal Status
- Legal; regulated by FCA; MiCA does not apply post-Brexit
- Bitcoin Etf Available
- No
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