Turkmenistan Legalizes and Regulates Digital Assets Under New Law

Turkmenistan’s landmark crypto law, effective January 1, 2026, is expected to influence Central Asia’s regulatory landscape and foster regional digital economic growth.

Summary

Turkmenistan will implement its new cryptocurrency regulation on January 1, 2026, aiming to legalize trading and strengthen compliance standards. The law requires licensing for exchanges and miners, enforces KYC/AML compliance, mandates cold storage for digital assets, and obligates mining registration. Credit institutions are barred from providing crypto services. Analysts suggest the move could boost regional digital economies and shape Central Asia’s approach to cryptocurrency regulation.

Terms & Concepts
  • Crypto Exchange: A platform that facilitates the buying, selling, and trading of cryptocurrencies.
  • Mining: The process of validating blockchain transactions and creating new cryptocurrency units using computing power.
  • Digital Assets: Electronic assets such as cryptocurrencies or tokens that exist on a blockchain and have economic value.