Laos govt eyes 2,000 billion kip from bitcoin mining


VIENTIANE, Nov 2 (Vientiane Times/ANN): The Laos government expects to earn 2,000 billion kip in revenue from bitcoin mining - the first time such revenue would be earned from the mining and trade of the digital currency.

This new revenue source would contribute to the 28,963 billion kip in total domestic revenue projected for 2022, Minister of Finance Bounchom Ubonpaseuth told the second ordinary session of the National Assembly (NA)’s 9th legislature.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Laos , Bitcoin , Mining

Others Also Read