Kazakhstan Unveils 3-Year Crypto Tax Holiday to Lure Investors Back to Local Exchanges
TL;DR
- Kazakhstan plans a three-year personal income tax exemption on digital-asset gains from transactions conducted through domestic licensed providers.
- The measure covers the period from January 2026 through December 2028, with legislation to be submitted for approval.
- Authorities also want to redirect crypto activity from offshore platforms toward regulated local exchanges while expanding infrastructure for mining and digital-asset businesses.
Kazakhstan is using tax policy to make its regulated crypto market more attractive as it seeks to bring domestic investors and trading activity back under local supervision. President Kassym-Jomart Tokayev signed a decree on July 7 outlining measures to strengthen the country’s digital-asset industry and improve its investment environment.
The proposed tax incentive would exempt individuals from personal income tax on gains generated through digital-asset transactions conducted via Kazakhstan-based digital-asset service providers. The planned period runs from January 1, 2026, through December 31, 2028. The decree instructs authorities to submit the necessary legislation by April 2027, meaning the exemption still requires the corresponding legal framework to take effect.
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