Kazakhstan is offering a three-year personal income tax exemption on crypto transactions to holders who voluntarily disclose their digital assets and transfer them to licensed domestic platforms by Dec. 31, 2026. President Kassym-Jomart Tokayev signed the decree on July 7, and the tax holiday will apply from 2026 through 2028 for transactions completed through regulated Kazakhstani digital asset service providers. The program excludes assets linked to illegal activity such as fraud or money laundering. The measure is part of a broader push to bring more crypto activity into the regulated system while supporting the mining industry. As of March 2026, Kazakhstan had roughly one million crypto wallets in circulation, but only about 257,000 users were registered on authorized local exchanges. Separate data from the country's AI and digital development ministry showed certified miners and mining pools produced 7,200 Bitcoin from the start of 2023 through May 2026, including a 2024 peak of about 3,400 Bitcoin. Kazakhstan currently has 78 miners operating more than 465,000 registered machines, and miners paid about 35 billion tenge, or roughly $75 million, in taxes from 2023 to 2025, mostly through value-added tax on imported equipment. The decree also backs the use of flared gas for mining, while a later law removed an earlier requirement that forced miners to sell most of their mined output through exchanges at the Astana International Financial Centre.