Kazakhstan to write off crypto tax debts if assets moved to licensed platforms

• —Write-off of debts, penalties, and fines on crypto operations upon full transfer of assets to licensed platforms
• —Asset declaration required by September 15, 2027, transfer by December 31, 2028
• —If any coins remain outside the regulated perimeter, the benefit is canceled and taxes are collected under standard rules
• —About 47% of crypto turnover in the country remains in the 'gray' sector, with Kazakhstanis holding around 1 million wallets