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Kazakhstan offers crypto tax exemption to drive wealth to local exchanges

Kazakhstan offers crypto tax exemption to drive wealth to local exchanges

Kazakhstan President Kassym-Jomart Tokayev signed a decree granting a three-year income tax exemption on individual digital-asset gains, a tax-free period expected to repatriate about 1 million crypto wallets from foreign platforms to licensed domestic exchanges. The policy should boost onshore CEX liquidity and crypto adoption, strengthen regulatory oversight, and potentially increase local market activity and fundraising opportunities in the crypto sector.

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