Story perspectives

Turkmenistan Legalizes Crypto Mining Amidst Strict Regulations

1/1/2026

Summary

Story summary

Turkmenistan has legalized cryptocurrency mining and exchange.
President Serdar Berdimuhamedov (President of Turkmenistan) signed the law regulating virtual assets and licensing exchanges under the central bank.
Cryptocurrencies will not be recognized as a means of payment or security.
The internet in Turkmenistan remains under strict government control.
The country remains heavily reliant on natural gas exports, mainly to China, and is pursuing a gas pipeline to Afghanistan, Pakistan, and India.

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Story summary

Turkmenistan has legalized cryptocurrency mining and exchange.
President Serdar Berdimuhamedov (President of Turkmenistan) signed the law regulating virtual assets and licensing exchanges under the central bank.
Cryptocurrencies will not be recognized as a means of payment or security.
The internet in Turkmenistan remains under strict government control.
The country remains heavily reliant on natural gas exports, mainly to China, and is pursuing a gas pipeline to Afghanistan, Pakistan, and India.