This jurisdiction has evolving or restrictive regulations that require careful compliance. Additional licensing, reporting, or operational constraints may apply.
Kyrgyzstan allows cryptocurrency trading with evolving regulations.
Cryptocurrency is legal in Kyrgyzstan but regulatory framework is still developing. AML/CFT requirements may apply.
Crypto businesses must obtain a Virtual Asset Service Provider (VASP) license from the Service for Regulation and Supervision of the Financial Market. Requirements include registration as a legal entity (LLC), meeting minimum charter capital (e.g., 40 million KGS for exchange operators), and mandatory KYC/AML compliance.
Gains from the sale of crypto assets are treated as taxable income and subject to the standard 10% income tax rate. Crypto exchange services are subject to a 5% sales tax.
Limited banking access.
https://fsa.gov.kg/en/main/, https://kgaccount.com/en/cryptocurrency-in-kyrgyzstan/, https://cis-legislation.com/document.fwx?rgn=137284, https://www.scorechain.com/resources/crypto-glossary/kyrgyzstan-crypto-regulations-2025, https://armenian-lawyer.com/business-immigration/kyrgyzstan-tax-haven-10-flat-rates-crypto-friendly-laws/
AML/CFT requirements may be stringent or evolving. Enhanced due diligence may be required.
Enforcement actions may be unpredictable or strict. Monitor regulatory developments closely.
Disclaimer: This information is provided for general guidance only and should not be considered legal advice. Regulations change frequently. Always consult with qualified legal professionals in the relevant jurisdiction before making business decisions.