Turkmenistan, one of the world’s most closed nations, legalizes crypto mining and exchanges
Published on: Thursday 01 January 2026
Turkmenistan, one of the world’s most isolated nations, officially legalized mining and exchanging cryptocurrency on Thursday in a major shift for the country's tightly controlled, gas-dependent economy. Signed by President Serdar Berdimuhamedov, the legislation regulating virtual assets brings cryptocurrencies under civil law and establishes a licensing scheme for cryptocurrency exchanges overseen by the country’s central bank. Turkmenistan's internet also remains tightly regulated and controlled by the government.
