Turkmenistan Goes Crypto: Exchanges, Mining Now Legal
6 Articles
6 Articles
Turkmenistan Goes Crypto: Exchanges, Mining Now Legal
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…
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 Legalizes Crypto Mining and Trading Under Central Bank Supervision
Key Takeaways: Turkmenistan has passed legislation legalizing crypto mining and exchanges, effective immediately. The Central Bank assumes the role of sole regulator, mandating strict compliance and surveillance. The nation aims to monetize its vast gas reserves by powering a state-sanctioned mining industry. Turkmenistan, the Central Asian nation holding the world’s fourth-largest natural gas reserves, has officially stepped out of the regulat…
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...
Turkmenistan's Groundbreaking Leap: Legalizing Crypto Mining and Exchanges
In a surprising and significant development for the global digital asset landscape, Turkmenistan, long characterized as one of the world’s most insular nations, has officially legalized cryptocurrency mining and the operation of crypto exchanges. Effective January 2, 2026, this move marks a pivotal moment, opening a previously inaccessible market to the burgeoning crypto economy and signaling a potential shift in the country’s economic strategy.…
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