Report.az reported on July 23 that the Government of Kazakhstan has approved the “Strategic Digital Mining Implementation Rules,” granting companies the right to obtain electricity quotas from power-generating organizations for 10 years at the highest fee rate. As a condition for receiving the quota, companies must transfer some of the cryptocurrency produced through mining to the Astana Hub autonomous cluster fund. These assets are then handed over to a national investment company under the Kazakhstan National Bank for trust management.
Key Provisions of the “Strategic Digital Mining Rules”: 10-Year Electricity Quota and Partial Output Transfer Mechanism
Under the “Strategic Digital Mining Implementation Rules” approved by the Kazakh government, the main policy provisions are as follows:
Electricity quota: Companies are eligible for a 10-year period to obtain electricity quotas from power-generating organizations at the highest fee rate
Obligations: Companies must transfer some of the cryptocurrency produced through mining to the Astana Hub autonomous cluster fund
Final destination of assets: Transferred by Astana Hub to a national investment company under the Kazakhstan National Bank for trust management, to bolster the country’s strategic cryptocurrency reserves
Application channel: Submit applications through the E-licensing electronic permit database
Review mechanism: Reviewed and approved by a dedicated committee
Application process and contract timing requirement: Submit via E-licensing; complete double signing within 5 business days
Under the procedural requirements of the “Strategic Digital Mining Implementation Rules,” the company application process is as follows: first, submit the application through the E-licensing electronic permit database, which is reviewed by a dedicated committee; after the application receives favorable approval, digital miners must complete the signing of two agreements within five business days—one with the Astana Hub autonomous cluster fund, and the other an electricity purchase and sale contract signed with the power-generating organization.
Other Key Policies in Kazakhstan’s Digital Asset Decree: Associated Gas Mining, Personal Tax Exemptions, and Cross-Border Stablecoins
Against the broader backdrop of the “Strategic Digital Mining Rules,” Kazakhstan President Tokayev’s digital asset decree (issued on July 13) also includes the following major policy directions: allowing the use of associated gas from oil and gas fields and natural gas to generate self-produced power, and allocating electricity exceeding national demand to digital mining operations; exempting personal income tax for income earned by individuals through digital asset trading conducted via Kazakhstan-regulated infrastructure; supporting the use of digital assets and stablecoins for cross-border settlements; and establishing a voluntary mechanism that allows users to disclose digital assets previously held on unregulated foreign platforms and transfer them to licensed domestic service providers.
Kazakhstan’s Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development, Zaslan Madiyev, said the decree “lays a strategic foundation for Kazakhstan’s transition to a new generation of the digital economy, strengthening the country’s attractiveness to global capital and expertise.”
FAQ
What are the electricity quota conditions under Kazakhstan’s “Strategic Digital Mining Rules”?
According to the rule text cited by Report.az, the condition for companies to obtain a 10-year electricity quota at the highest fee rate is that they must transfer some of the cryptocurrency produced through mining to Astana Hub, with the final trust management carried out by a national investment company under the Kazakhstan National Bank, to replenish the country’s strategic cryptocurrency reserves.
What is the application process for strategic digital mining in Kazakhstan?
According to the rules, companies must submit applications through the E-licensing electronic permit database, and the applications are reviewed by a dedicated committee. After approval, they must separately sign the relevant agreements with Astana Hub and the power-generating organization within 5 business days.
What personal tax measures are included in Kazakhstan’s digital asset decree?
According to the decree, income earned by individuals from income generated through digital asset trading via Kazakhstan-regulated infrastructure is exempt from personal income tax; the specific implementation timeline depends on the clearly defined schedule in the dedicated action plan.
