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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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

Next In Aseanplus News

Taiwan celebrates Christmas once again after 25 years. Sort of.
Myanmar's decade of turmoil: elections, coup and conflict
Blackpink for Ayumi? Why China may reward South Korea’s soft stance amid Japan tensions
Albert Tei wants police to release CCTV footage of MACC raid
Spotify says piracy activists hacked its music catalogue
China teacher hides pupil’s death from class, asks group to write farewell letters
Bangladesh leader seen as likely next prime minister set to return from exile ahead of polls
QuickCheck: Does the Social Welfare Department issue cards for senior citizens?
Brunei honours duo for contributions to cybersecurity sector
Police seek help in locating missing 12-year-old boy in Taman Bukit Indah

Others Also Read