Topics · Safeguards · Integrity and protection
Sustainability and energy disclosure.
Mining's energy use has led some Asian markets to ban it and others to court it with cheap power.
Climate disclosure rules for issuers and platforms are only beginning to reach crypto.
By market · 29 sources across 11 markets
East Asia
China2 sources
Notice on Rectifying Virtual Currency Mining Activities (Fagai Yunxing [2021] No. 1283)
Bans new mining projects and orders existing ones phased out; Notice No. 42 reaffirms it and bars sales of mining machines onshore.
Read the originalLiu He chairs the 51st meeting of the State Council Financial Stability and Development Committee
The top-level political signal to crack down on Bitcoin mining and trading, which set off the 2021 exodus of miners and exchanges.
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South Korea1 source
Authorities Introduce Guidelines for Determining When Non-fungible Tokens Qualify as Virtual Assets
Explains when NFTs issued in large series or used as payment fall under the User Protection Act as virtual assets.
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Southeast Asia
Malaysia1 source
Guidelines: Tax Treatment on Digital Currency Transaction (Second Edition)
Explains that gains are taxable only if revenue in nature, judged by the badges of trade, and that digital currency disposals fall outside capital gains tax. It also covers mining, payments received in crypto and airdrops.
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South Asia
Bhutan1 source
Notification: RMA's Regulatory Stance on Crypto Currency
Allows crypto mining and exchanges only for GMC-registered entities under GMC's regulatory framework, and keeps crypto on-ramping through RMA-regulated domestic banks restricted.
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Central Asia
Kazakhstan6 sources
Rules for conducting strategic digital mining (Government Resolution No. 638)
Creates strategic digital miner status: approved miners get 10-year power contracts and contribute 10% of mined digital assets, net of the cost of electricity and its delivery, to the National Strategic Cryptoreserve.
Read the originalRegulation of the digital assets market
The NBK's hub for the onshore regime: the legal basis, the three categories of service providers, mining licensing by the ministry, the sandbox and the crypto cards project.
Read the originalTax Code of the Republic of Kazakhstan
The new Tax Code in force from 1 January 2026, which governs income tax on digital asset gains and the digital mining fee charged on electricity consumed.
Read the originalLaw on amendments on artificial intelligence and digitalisation (No. 231-VIII)
Ended the AIFC's exclusive hold on mining and crypto circulation, allowing licensed companies and individual entrepreneurs across Kazakhstan to mine.
Read the originalRequirements for connecting digital miners to electricity networks
Implementing rules under the Digital Assets Law on how licensed miners connect to the grid and buy power, the main lever the state uses over mining. Last amended in April 2026.
Read the originalLaw on Digital Assets in the Republic of Kazakhstan (No. 193-VII)
The core statute: classifies digital assets, licenses digital mining and sets rules for their circulation. Signed 6 February 2023, effective 1 April 2023, and heavily amended in 2025 and 2026.
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Kyrgyzstan6 sources
NAVA publishes draft rules on virtual asset licensing, stablecoins and RWA tokens for public comment
A draft presidential decree with seven annexed rules implementing the January 2026 amendments, covering licensing of exchanges and exchange offices, stablecoin and RWA token issuance, enforcement measures, a regulatory sandbox and mining certificates. Still listed as drafts on NAVA's site in October 2026.
Read the originalLaw on amendments to the Law on Virtual Assets (No. 3)
Redefines stablecoins and adds RWA tokens, state cryptocurrency mining, a state cryptocurrency reserve and presidential power to set pilot regimes. It splits the authorities into a policy, regulation and licensing body named by the President and a supervision body named by the Cabinet. In force ten days after publication on 23 January 2026.
Read the originalDevelopment and regulation of the virtual asset market in the Kyrgyz Republic
Records registration of the gold-backed USDKG issue on 31 October 2025, 185 exchange office licences, 13 exchange licences, 10 mining certificates and KGS 2.04 billion of taxes paid.
Read the originalProcedure for registration and certification of mining activity
How miners register and obtain a mining certificate, as amended in 2025; issued by the FSA until 2026 and now by NAVA, which has published a draft replacement.
Read the originalLaw on Virtual Assets (No. 12)
The core statute defining virtual assets, service providers, issuance and mining, with licensing by the authorised body. Signed 21 January 2022, in force from July 2022; the link is the current edition as amended on 19 January 2026.
Read the originalTax Code of the Kyrgyz Republic
Sets the mining tax at 10% of electricity charges, in place of profit tax, VAT and sales tax, and covers the taxation of virtual asset sales and service providers. Current edition of 6 August 2026.
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Turkmenistan3 sources
Law of Turkmenistan on Virtual Assets (No. 180-VII), official Turkmen text
The full statute in Turkmen: defines virtual assets, mining and service providers, names the central bank as the authorised body and takes effect on 1 January 2026.
Read the originalTurkmenistan is purposefully working on implementing a virtual assets system and mining technologies
Reports the 21 November 2025 government meeting at which the President approved the draft Roadmap for regulating virtual assets and introducing mining technologies in 2026 to 2030, covering legislation, energy and communications infrastructure, investment and pilot projects, and a proposal for a special State Commission.
Read the originalMutual Evaluation Report of Turkmenistan
Adopted at the 38th EAG Plenary: found no registered VASPs, no VASP AML obligations and no legal basis for mining, and rated Recommendation 15 on new technologies partially compliant.
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Uzbekistan6 sources
Mining
Mining is for legal entities using solar power; grid power is billed at double the tariff and miners must register with NAPP. Mining is registered, not licensed.
Read the originalResolution PP-143 on creating a special mining zone in the Republic of Karakalpakstan
In force from 20 April 2026: makes Karakalpakstan the Besqala Mining Valley, exempts residents' mining income from taxes and fees until 1 January 2035 for a 1% monthly payment, and lets them sell mined crypto abroad with proceeds credited to Uzbek banks.
Read the originalElectronic Registry of Mining Permits
Lists the only mining permit, M 001, issued to Nexagrid on 19 January 2026 (checked 5 October 2026).
Read the originalRegulation on the procedure for issuing permits for mining activity (No. 3461)
In force from 3 October 2023: sets how legal entities apply online for a NAPP mining permit and the grounds for suspending or cancelling it.
Read the originalRegulation on fees for activities in the sphere of crypto-assets turnover (No. 3388)
Sets the monthly fees miners and providers pay in place of tax; amended in July 2026 to exempt Besqala Mining Valley residents until 2035.
Read the originalResolution PP-3832 on measures to develop the digital economy and the sphere of crypto-assets turnover (unofficial English translation)
The founding act, as amended to April 2026: defines crypto-assets, service providers and mining, exempts crypto transactions from tax, and requires residents to deal only through national providers.
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Middle East
Israel1 source
Income Tax Circular 05/2018: Taxation of activity in decentralised means of payment ("virtual currencies")
Treats virtual currency as an asset, not a currency, so gains are capital gains (25% base rate for individuals) unless the activity is a business; miners and traders may owe VAT (gov.il blocks automated checks; URL confirmed via search).
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UAE1 source
VATP039: Crypto Currency Mining (VAT Public Clarification)
Mining crypto for one's own account is outside the scope of VAT and its input tax is not recoverable, while mining for someone else is a taxable supply of services.
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Oceania
Australia1 source
Project Acacia: RBA and DFCRC announce chosen industry participants and ASIC provides regulatory relief (25-129MR)
Selects 24 tokenised asset use cases (19 live pilots) across bonds, private markets and carbon credits, with ASIC relief so participants could trade real assets.
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