Turkmenistan Legalizes Crypto Mining and Exchanges From 2026

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Turkmenistan, a small country with about 7.6 million people and very limited control over the internet, has officially legalized cryptocurrency mining and exchanges since January 2026.

The decision is aimed at attracting fresh investment and reducing dependence on gas exports, while keeping tight rules on who can operate and how crypto can be used.

Turkmenistan Passes New Crypto Law For Mining & Exchanges

On November 28, 2025, President Serdar Berdimuhamedov signed the Law on Virtual Assets, which officially came into force on January 1, 2026.

Under this law, only registered companies and approved entrepreneurs are allowed to mine cryptocurrencies or operate crypto exchanges. This is not an open market. Every business must obtain a license before starting, and all activities will be closely monitored by the government.

Several state bodies, including the Central Bank, the Cabinet of Ministers, and the Ministry of Finance and Economy, will oversee the sector. Regular checks will be carried out to make sure companies follow the rules.

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