---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "central_asia", "eag", "legal"]
aliases: ["KG", "KGZ", "Кыргызстан"]
created: 2026-04-13
updated: 2026-04-02
compile_into: ["[[country--kyrgyzstan]]"]
sources:
  - name: "https://www.nbkr.kg"
    url: "https://www.nbkr.kg"
    type: "official"
---

#  Kyrgyzstan (KG) — Crypto Regulation

> Kyrgyzstan has a legal framework for cryptocurrency, governed by the Law on Virtual Assets (2022), allowing regulated crypto activities including mining.

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 30/100 (Moderate Risk) |
| Enforcement Level | Low |
| Region | [[domain--central-asia|central asia]] |
| Currency | [[entity--kgs|KGS]] |

## Tax

| Type | Rate |
|------|------|
| VAT on Crypto | No |

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--nbkr|NBKR]] |
| Framework | Law on Virtual Assets (2022) |
| Ease | medium |
| Cost | $5,000 - $20,000 |
| Timeline | 2-4 months |

Licensing is required under the Law on Virtual Assets (2022) for crypto service providers.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | No |
| FATF Status | fsrb_only |

## DeFi

**Status:** regulated

DeFi activities are regulated under the existing crypto laws and must comply with AML/KYC requirements.

## Stablecoins

**Status:** regulated

Stablecoins are regulated under the Law on Virtual Assets with specific compliance requirements.

## NFTs

**Status:** unregulated

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.023/kWh |
| Renewable Energy | 78% |
| Climate | continental |
| Infrastructure | fair |

Mining is legal and benefits from low electricity costs and high renewable energy share. Infrastructure is fair but improving.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 29/100 |
| Ease of Business | difficult |
| Internet Freedom | partly_free |
| Banking Access | restricted |

## Enforcement

No detailed enforcement information available

## CBDC Status: research

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [https://www.nbkr.kg](https://www.nbkr.kg)