How much tax revenue does Kyrgyzstan collect?

The amount of transactions on Kyrgyzstan’s regulated digital asset market reached 2.2 trillion soms within the first half of 2026, with roughly 3.8 million transactions carried out in the course of the interval. Farkhat Iminov, director of the Nationwide Company for Digital Belongings and Blockchain Applied sciences, stated this in an interview with Erkin-Too newspaper.

Based on him, the cryptocurrency and different digital asset market in Kyrgyzstan is creating quickly.

In 2024, turnover on the regulated market amounted to 923.7 billion soms. By the tip of 2025, it had reached 2.74 trillion soms, virtually tripling in a single 12 months.

Nevertheless, these figures replicate transaction turnover involving digital property, not the amount of funding in Kyrgyzstan’s economic system.

Based on Iminov, tax revenues from digital asset service suppliers amounted to roughly 1.48 billion soms in 2025.

In Might this 12 months, President Sadyr Japarov signed a decree establishing the Nationwide Company for Digital Belongings and Blockchain Applied sciences. The company was tasked with creating a system of state regulation for the market, defending customers and creating circumstances for the event of digital monetary devices.

Iminov stated a package deal of secondary laws had been drafted to manage the issuance and circulation of stablecoins and tokens backed by real-world property, the licensing of cryptocurrency exchanges and buying and selling operators, in addition to mining.

The draft laws underwent public dialogue, throughout which roughly 240 proposals and feedback have been acquired.

On the similar time, the company is creating a unified digital platform for regulation and supervision. It’s anticipated to permit customers to submit license purposes, monitor market members and confirm details about licensed firms.

The platform will even incorporate synthetic intelligence for doc evaluation and blockchain analytics instruments.

Based on Iminov, a particular regulatory committee has been established inside the company to collectively assessment purposes for licenses and permits.

The top of the company additionally highlighted the dangers related to investing in digital property. He famous that using blockchain expertise does not get rid of the dangers of cyberattacks, fraud, software program vulnerabilities or lack of entry to digital wallets.

As well as, digital asset costs can fluctuate considerably. Iminov confused that residents ought to examine whether or not service suppliers maintain the required licenses and punctiliously assessment the phrases and circumstances of transactions.

On the similar time, a license confirms an organization’s proper to conduct regulated actions however does not assure the security of invested funds or any return on funding.

Based on the company’s head, additional market improvement may assist appeal to funding, encourage the institution of expertise firms and create new jobs. Nevertheless, the precise financial impression will rely upon the standard of regulation and the sensible implementation of the tasks.