Turkmenistan to Legalize Crypto Mining and Trading in 2026

Turkmenistan will legalize and regulate crypto mining and trading from January 2026, introducing strict licensing, compliance, and advertising rules to attract investment and diversify its economy.

Turkmenistan has announced the legalization of cryptocurrency mining and trading, with a comprehensive regulatory framework set to take effect on January 1, 2026. The new law, signed by the president, establishes licensing requirements for crypto exchanges, mining farms, and other digital asset service providers. Both individuals and legal entities will be allowed to mine cryptocurrencies, provided they register with the Central Bank and comply with technical and safety standards. The legislation also regulates the issuance, storage, and circulation of digital assets, though cryptocurrencies will not be recognized as a means of payment. Strict know-your-customer and anti-money laundering procedures will be enforced, and advertising in the crypto sector will be subject to specific guidelines. The move aims to diversify Turkmenistan’s economy, attract foreign investment, and foster technological innovation, positioning the country as a potential regional hub for blockchain and digital finance. Experts suggest this could prompt neighboring countries to reconsider their own crypto regulations, potentially leading to broader regional adoption.