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ARTICLE · 23 MAY 2023

A Draft Of The Rules On Determination Of The Digital Assets Value

A draft of the Joint Order 'On approval of the rules on determination, publication of digital assets value and assets list' (the 'Joint Order') was published on the website of the publicly...

KazakhstanTechnology

A draft of the Joint Order 'On approval of the rules on determination, publication of digital assets value and assets list' (the 'Joint Order') was published on the website of the publicly available legal acts on 19 April 20231.

The Ministry of finance of the Republic of Kazakhstan drafted the Joint Order in order to determine the digital assets value for the purpose of calculation of the taxable income of digital mining pools, digital assets exchanges as well as digital miners.

It is suggested to include the following types of digital assets in which respect the abovementioned information will be provided: Bitcoin (BTC), BitcoinCash (BCH), Dash (DASH), Dogecoin (Doge), EthereumClassic (ETC), Horrizen (ZEN), Litecoin (LTC), Monero (XMR), Litecoin (LTC), Siacoin (SC), Thronix (TRX) and Zcash (ZEC).

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