Archive · 2 Jan 2026
Turkmenistan Legalizes Cryptocurrency Mining and Trading
Turkmenistan, a country in Central Asia, has recently made a big change in its economy.
They have officially allowed people to mine and trade cryptocurrencies.
This means that these digital currencies are now recognized under their laws, but they still can't be used as regular money.
The government will control and license these activities.
Turkmenistan is known for its large natural gas reserves, which are mostly exported to China.
They are also working on a new gas pipeline to supply gas to other countries like Afghanistan, Pakistan, and India.
Additionally, Turkmenistan has made it easier for foreigners to visit by introducing electronic visas.
Turkmenistan legalized cryptocurrency mining and trading under new legislation signed by President Serdar Berdimuhamedov.
Cryptocurrencies are now regulated under civil law, with a licensing scheme overseen by the central bank.
Digital currencies will not be recognized as a means of payment, currency, or security.
Turkmenistan's internet remains tightly regulated and controlled by the government.
The country relies heavily on natural gas exports, primarily to China, and is developing a pipeline to supply gas to Afghanistan, Pakistan, and India.
- Who
- President Serdar Berdimuhamedov of Turkmenistan
- What
- Legalization of cryptocurrency mining and trading
- When
- Thursday
- Where
- Turkmenistan
- Why
- To diversify the gas-dependent economy and regulate virtual assets
- Country
- Turkmenistan
- Legalization Date
- Thursday
- Regulating Body
- Central Bank
- Primary Economic Resource
- Natural Gas
- Main Gas Importer
- China
- Internet Regulation
- Tightly Controlled
- Visa Policy
- Electronic Visas Introduced in April 2023