Crypto Regulation in Kazakhstan

Legal

Tax Information

Capital Gains (Personal)
10% individual income tax on crypto gains
Capital Gains (Corporate)
20% CIT on crypto business profits; AIFC entities may benefit from tax incentives
VAT on Crypto
No
Staking Tax
10% income tax
Airdrop Tax
10% income tax on receipt
Mining Tax
--

Licensing & Registration

License Required
Yes
Regulator
AFSA / ARDFM (Astana Financial Services Authority (AIFC) / Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market)
Framework
AIFC Digital Asset Trading Facility Rules 2018 (amended 2023); Law on Digital Assets 2023
License Types
--
Estimated Cost (USD)
$20,000 - $100,000 (AIFC licensing)
Timeline
3-6 months
Ease of Licensing
Moderate

AML / KYC

KYC Required
Yes
Travel Rule
Yes
FATF Member
--
FATF Status
--
Suspicious Activity Reporting
--

Mining

Mining Legal
Yes
Status
Restricted
Electricity Cost ($/kWh)
$0.04
Renewable Energy
12%
Climate
Cold
Infrastructure
Good
Tax on Mining Income
Mining subject to specific digital mining tax
Special Zones
Nur-Sultan SEZ
Notes
Very competitive electricity rates make this jurisdiction attractive for mining operations.

DeFi, Stablecoins & NFTs

DeFi: unregulatedStablecoins: regulatedNFTs: unregulatedCBDC: pilot - National Bank of Kazakhstan testing digital tenge

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 10 days
Banking
Difficulty: Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard
Company Registration
$8,000 | 30 days | Limited Liability Company
Licensing Support
Available | $25,000 - $100,000

Sources

AFSA (AIFC) AIFC Authority
verified

Frequently Asked Questions

Is crypto legal in Kazakhstan?
Cryptocurrency is currently classified as "Legal" in Kazakhstan.
What is the crypto tax rate in Kazakhstan?
In Kazakhstan, the personal capital gains tax on crypto is 10% individual income tax on crypto gains, and the corporate tax rate is 20% CIT on crypto business profits; AIFC entities may benefit from tax incentives.
Do I need a crypto license in Kazakhstan?
Yes, a crypto license is required in Kazakhstan. The regulator is Astana Financial Services Authority (AIFC) / Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market under AIFC Digital Asset Trading Facility Rules 2018 (amended 2023); Law on Digital Assets 2023. Estimated licensing cost: $20,000 - $100,000 (AIFC licensing).
Is crypto mining legal in Kazakhstan?
Yes, crypto mining is legal in Kazakhstan. Electricity costs approximately $0.04/kWh. Mining income is taxed at: Mining subject to specific digital mining tax. Very competitive electricity rates make this jurisdiction attractive for mining operations.
What are the AML/KYC requirements for crypto in Kazakhstan?
Yes, crypto businesses in Kazakhstan must comply with KYC (Know Your Customer) requirements. The FATF Travel Rule is implemented.