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Turkmenistan to Legalize Cryptocurrency Mining and Trading Starting January 1, 2026
Starting January 1, 2026, cryptocurrency mining and trading in Turkmenistan will become fully legal. Local media reported that the country’s president, Serdar Berdimuhamedow, has signed a new law that establishes regulations for issuing, storing, and trading digital assets.
According to the new law, citizens of Turkmenistan will be able to mine, sell, and store cryptocurrency, but will not be allowed to use it as a means of payment.
To mine digital assets, miners must first register with the country’s Central Bank. Shadow mining — meaning the use of someone else’s infrastructure without their knowledge or consent — is strictly prohibited.
Similar rules apply to cryptocurrency exchanges, which must be registered with the central monetary regulator. They must also comply with strict “Know Your Customer” (KYC) and “Anti–Money Laundering” (AML) laws.
Advertising will also be heavily regulated. For example, tokens are prohibited from using national symbols or the name “Turkmenistan” in their branding, imagery, or naming. The same restriction applies to the word “state” and other terms that may be associated with the country.
Exchanges and other crypto companies will also be required to include disclaimers in their advertising, stating that a total loss of funds is possible. Additionally, advertisements may not reference “easy money,” luxury, or minors.
It is important to note that before this law, cryptocurrency mining and trading were not illegal or banned in Turkmenistan. There simply was no regulatory framework, meaning the entire industry operated in a grey area.
