Turkmenistan Legalizes Crypto Mining and Exchanges Under New Regulatory Framework

PermabullPete · 2026-01-01T20:20:10+00:00

Turkmenistan has legalized crypto mining and exchanges with a new law establishing a regulatory framework. It requires licensing for operations while prohibiting unlicensed activities and personal use limitations, classifying digital assets as property rather than currency.

PermabullPete

2026-01-01 20:20:10

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Source: CryptoBriefing Original Title: Crypto mining is officially legal in Turkmenistan, but everyday use is off-limits Original Link: https://cryptobriefing.com/turkmenistan-crypto-mining-legalized/

Overview

Mining and exchanging cryptocurrencies is now legal in Turkmenistan, following the adoption of a new law that establishes a formal regulatory framework for digital asset operations.

New Legal Framework

Signed by President Serdar Berdimuhamedov in November 2025, the “Law of Turkmenistan on Virtual Assets” introduces licensing rules for exchanges, custodians, and miners. It aims to ensure the secure circulation of digital assets, prevent unlawful activities, protect user rights, and promote technological innovation and digital economic development.

Regulatory Requirements

Under the new law, only licensed companies are permitted to issue, manage, or exchange digital assets. These organizations operate under the direct supervision of the Cabinet of Ministers and the Ministry of Finance and Economy, and must meet stringent regulatory standards while undergoing periodic state inspections.

The law strictly prohibits any unlicensed activity in the sector, granting regulators the authority to suspend or revoke licenses in the event of violations.

Limitations on Personal Use

Although digital assets are not recognized as legal tender, securities, or a means of payment, the law allows residents to acquire, hold, and use virtual assets as a form of digital property.

Participants must comply with national legislation, fulfill tax obligations, and ensure that virtual assets are not used for unlawful purposes.

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TaxEvader

· 2h ago

Turkmenistan's approach is brilliant—mining is allowed but can't be used? It's like wanting to have a cake but not letting you eat it.

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CryptoCross-TalkClub

· 2h ago

Laughing out loud, mining is legally daily unusable, this is the "only the government can set fires" version in the crypto circle --- I would call this Turkmenistan's move "Schrödinger's Cryptocurrency" --- Alright, another classic script of "We support blockchain but don't support using blockchain" --- Legal mining transactions are fine, just don't spend it, I need to think about this riddle --- This wave of policies is more absurd than a white paper, one set after another --- Attention, investors, this is called policy dividends, and we continue our comedy show --- Oh my goodness, the country says yes, but citizens are not allowed to use it, are they trying to make us mine and hold back?

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governance_ghost

· 2h ago

Turkmenistan's recent move is quite interesting; mining is open, but everyday use is still prohibited... This logic is really brilliant.

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MevSandwich

· 2h ago

Turkmenistan is doing this again—mining is legal, but using currency is not. Isn't this just exchanging between the left hand and the right hand? Haha

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