Kyrgyzstan

Kyrgyzstan has a legal framework for cryptocurrency, governed by the Law on Virtual Assets (2022), allowing regulated crypto activities including mining.

Overview

StatusLegal
Risk Score30/100 (Moderate Risk)
Regioncentral asia
CurrencyKGS

Tax

VAT on CryptoNo

Licensing

RequiredYes
RegulatorNBKR
FrameworkLaw on Virtual Assets (2022)
Easemedium
Cost$5,000 - $20,000

Licensing is required under the Law on Virtual Assets (2022) for crypto service providers.

DeFi

Status: regulated

DeFi activities are regulated under the existing crypto laws and must comply with AML/KYC requirements.

Stablecoins

Status: regulated

Stablecoins are regulated under the Law on Virtual Assets with specific compliance requirements.

NFTs

Status: unregulated

Mining

LegalYes
Electricity$0.023/kWh
Renewable78%
Infrastructurefair

Mining is legal and benefits from low electricity costs and high renewable energy share. Infrastructure is fair but improving.

Geopolitics

Stabilitymoderate
SanctionsNo
Corruption Index29/100
Banking Accessrestricted

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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