Turkmenistan greenlights crypto mining and trading, starting January 2026
The post Turkmenistan greenlights crypto mining and trading, starting January 2026 appeared on BitcoinEthereumNews.com.
The Central Asian nation of Turkmenistan is legalizing the mining and trading of cryptocurrencies, regulating the activities of entities engaged in these industries. Starting from January, mining companies will have to comply with strict registration rules, while cryptocurrency exchanges will need a license to provide their services. Turkmenistan regulates the minting and turnover of digital coins Turkmenistan’s President Serdar Berdimuhamedov has signed a “law on virtual assets,” which legalizes crypto mining and the operations of platforms trading digital currencies. The comprehensive framework regulates a range of crypto-related activities, including the issuance, storage, and circulation of cryptocurrencies in the country. While these will not be recognized as a means of payment in the former Soviet republic, they will be subject to the nation’s civil law. The crypto legislation will enter into force on January 1, 2026, the news outlet Turkmenportal reported Friday, quoting an announcement in the official gazette Neytralny Turkmenistan. Cryptocurrency miners required to register with the state According to the new law, both individual entrepreneurs and legal entities will be permitted to mine cryptocurrencies in Turkmenistan. All involved in the business will be obliged to register with the Central Bank of Turkmenistan (CBT) by filling out an electronic form. Upon approval of the submitted information, the applicants will be issued an indefinite certificate that will allow them to legally engage in their activities. Registration will be mandatory for their mining equipment as well. The miners will also have to provide a valid crypto wallet and comply with technical requirements and fire safety standards. The framework largely mirrors that of Russia, which legalized and regulated its mining sector last year, but is still facing a low percentage of miner registrations with its Federal Tax Service (FNS). Hidden cryptocurrency mining, of the type relying on unauthorized exploitation of the computing power…
Filed under: News - @ November 28, 2025 11:29 am