Turkmenistan Legalizes Crypto Mining and Exchanges Under Strict Regulation
Turkmenistan has taken a significant step into the digital asset arena with the enactment of its first cryptocurrency law, effective January 1, 2026. The legislation, signed by President Serdar Berdimuhamedov, establishes a regulated framework for crypto mining and trading exchanges under the oversight of the Central Bank. This move marks a rare economic liberalization for one of the world's most isolated nations.
The law permits licensed crypto mining operations, including mining pools, for both domestic and foreign entities that complete mandatory e-registration. However, unregistered mining activities are explicitly prohibited. Trading platforms must adhere to stringent KYC and AML protocols to operate legally. While many nations are tightening crypto restrictions, Turkmenistan's approach reflects a cautious embrace of digital assets on its own terms.
