Kyrgyzstan's crypto market reaches 1 trillion soms in seven months

Economy Загрузка... 09 September 2025 15:05
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Bishkek, Sept. 9, 2025 /Kabar/. In Kyrgyzstan, the turnover of cryptocurrency exchanges and exchanges in January-July 2025 reached 1 trillion soms, Minister of Economy and Trade Bakyt Sydykov told at a meeting of the Committee on Budget, Economic and Fiscal Policy of the Parliament.

The head of the department reported that during this period, about 1 billion soms in taxes were received from participants in the crypto industry.

“Every year this area shows growth and expansion,” the minister noted.

Today, 169 virtual asset exchange operators; 13 crypto exchanges; 11 companies engaged in industrial mining are registered in Kyrgyzstan.

As a result of the meeting, committee members approved the bill on the introduction of state mining in three readings.