Turkmenistan has taken a significant step toward the global digital asset economy by passing a comprehensive law that formally legalizes cryptocurrencies, mining operations, and virtual asset service providers. The legislation, signed by President Serdar Berdymukhamedov, will go into effect on January 1, 2026, marking the country’s first structured attempt to build a regulated crypto market.
This change represents a significant modernization for a country known for its tight financial control. The new framework establishes legal rules for the creation, circulation, and use of digital assets. Under the law, all exchanges and service providers will be required to obtain a license from the Central Bank of Turkmenistan, including industrial-scale mining operators. The main objective is economic diversification and attracting foreign investment.
It’s important to note that crypto legalization in Turkmenistan 2026 does not recognize digital assets as legal tender, maintaining the sovereignty of the national currency. The country has adopted a strict AML/KYC approach, prohibiting anonymous wallets and requiring full identification protocols to safeguard investors. This licensing regime will be crucial for the development of Turkmenistan’s digital roadmap until 2030.
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