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Turkmenistan Legalises Crypto Mining and Exchanges to Boost Economy
Turkmenistan legalised crypto mining and digital asset exchanges to diversify its economy and formalise previously unregulated digital asset activities.
Turkmenistan has announced new regulations legalising cryptocurrency mining and the operation of digital asset exchanges as part of broader efforts to diversify its economy beyond hydrocarbons. The move aims to attract investment, foster technological innovation, and formalise activities that previously operated in regulatory limbo. Officials said that clear licensing and oversight frameworks will support transparency and compliance, while industry stakeholders welcomed the shift as a potential catalyst for fintech growth within the Central Asian nation.