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11.6 million soms in taxes received from cryptocurrency mining for month

Budget revenues from taxes on cryptocurrency mining amounted to 11,640.1 million soms. The Ministry of Finance’s report on budget execution says.

To date, this is the largest volume of receipts recorded since the beginning of the year. Previously, high levels of mining tax transfers were also registered in June (10,544.3 million soms) and July (10,414.8 million soms).

In just eight months, the treasury was replenished by this tax by 55,838.1 billion soms.

Payments began to grow actively in the second quarter of the year. For April — August, the budget received 49,180.7 million soms, or 88 percent of all payments.

The lowest amount of tax on cryptocurrency mining was paid in February 2023 — 738,000 soms.

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