Article 10. Activities of digital mining pools The Law on Digital Assets in the Republic of Kazakhstan

Home / RLA / Article 10. Activities of digital mining pools The Law on Digital Assets in the Republic of Kazakhstan

1. The accreditation of a digital mining pool is a procedure whereby a digital mining pool obtains official recognition of its compliance with the requirements established by the legislation of the Republic of Kazakhstan.

The accreditation of digital mining pools is carried out at their own expense.

2. The mandatory conditions for the accreditation of a digital mining pool are:

1) the physical location of the hardware and software complex of the digital mining pool in the territory of the Republic of Kazakhstan;

2) availability of test reports with positive test results for compliance with information security requirements;

3) compliance with other requirements defined by the rules of accreditation of digital mining pools.

3. The digital mining pool provides information to the authorized body and the authorized body responsible for ensuring tax revenues and other mandatory payments to the budget in accordance with the rules for submitting information on the income of digital miners and digital mining pools for tax purposes.

4. The distribution of digital assets obtained as a result of their activities by digital mining pools among digital miners does not apply to the issuance and turnover of digital assets.

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