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Turkmenistan Goes Crypto: Exchanges, Mining Now Legal

Summary by Bitcoinist
Turkmenistan has officially legalized crypto exchanges and mining, although digital assets are still not recognized as a means of payment. Turkmenistan’s Crypto Legislation Now In Effect As reported by Associated Press, the Asian nation of Turkmenistan officially recognized mining and exchanging cryptocurrency as legal on Thursday. The move comes after President Serdar Berdymukhamedov signed a law back in November, which allowed crypto companies…
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Turkmenistan has published a new Virtual Assets Act, dated 28 November 2025, which defines how activities linked to virtual assets will be regulated, according to the State newspaper Neutral Turkmenistan. The regulation describes mining as both a private and an industrial activity and explicitly prohibits “hidden mining”. It also introduces an electronic mine register aimed at control and accounting, remote recording, transparency and monitoring…

Turkmenistan aims to move its economy beyond its dependence on natural gas by legalizing cryptocurrency mining and trading with a new law that came into effect at the end of November. It is one of the most closed countries in Central Asia… In this country, cryptocurrency mining and trading began with the arrival of the New Year...

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Fxcryptonews broke the news in on Friday, January 2, 2026.
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