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Benzinga
Benzinga
Business
Samyuktha Sriram

Kazakhstan Proposes 500% Take Hike For Crypto Miners

Bitcoin (CRYPTO: BTC) miners in Kazakhstan could soon face a five-fold increase in taxes.

What Happened: According to reports from local publications in the country, Kazakh authorities intend to raise the tax rate imposed on miners from 1 Kazakh tenge to 5 Kazakh tenges per kWh.

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