Kyrgyzstan

Caution

This jurisdiction has evolving or restrictive regulations that require careful compliance. Additional licensing, reporting, or operational constraints may apply.

Kyrgyzstan Cryptocurrency Regulatory Overview

Summary of blockchain and cryptocurrency regulations

Kyrgyzstan allows cryptocurrency trading with evolving regulations.

Kyrgyzstan Blockchain Compliance Requirements

Comprehensive regulatory framework and requirements

Cryptocurrency is legal in Kyrgyzstan but regulatory framework is still developing. AML/CFT requirements may apply.

Crypto Licensing Requirements in Kyrgyzstan

Detailed breakdown of licenses needed for exchanges, custody services, and other crypto businesses

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.

Cryptocurrency Tax Treatment in Kyrgyzstan

How crypto gains and income are taxed, including capital gains rates and reporting requirements

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.

Crypto Banking Access in Kyrgyzstan

Whether crypto businesses can obtain bank accounts and which banks are crypto-friendly

Limited banking access.

AML/CFT Compliance

AML/CFT requirements may be stringent or evolving. Enhanced due diligence may be required.

Enforcement

Enforcement actions may be unpredictable or strict. Monitor regulatory developments closely.

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Last updated: December 29, 2025

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.