Turkmenistan Legalizes Crypto, Signaling Change
Update: 2026-01-01
Description
Turkmenistan, a nation known for its isolation, has legalized cryptocurrency mining and trading, marking a significant shift. The new law, signed by President Serdar Berdimuhamedov, brings virtual assets under civil law and establishes a licensing system for exchanges. However, cryptocurrencies wont be considered legal payment, currency, or securities. The governments control over the internet remains firm. Turkmenistans economy, heavily reliant on natural gas, is expanding with a pipeline to Afghanistan, Pakistan, and India. The country also introduced electronic visas last April, making it easier for foreigners to visit. This crypto move could indicate further changes, but experts question how it will unfold under tight controls. Checkout Solipillow.com
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