Kyrgyzstan's crypto market reaches 1 trillion soms in seven months
In Kyrgyzstan, the turnover of cryptocurrency exchanges and exchanges in January-July 2025 reached 1 trillion soms, Minister of Economy and Trade Bakyt Sydykov told at a meeting of the Committee on Budget, Economic and Fiscal Policy of the Parliament, Kabar reports.
The head of the department reported that during this period, about 1 billion soms in taxes were received from participants in the crypto industry.
Every year this area shows growth and expansion, the minister noted.
Today, 169 virtual asset exchange operators; 13 crypto exchanges; 11 companies engaged in industrial mining are registered in Kyrgyzstan.
As a result of the meeting, committee members approved the bill on the introduction of state mining in three readings.
As reported earlier, Kazakh Prime Minister Olzhas Bektenov has instructed government agencies to increase their use of the digital tenge in public projects, including those funded by the national budget and the National Fund.
