Turkmenistan Legalizes Crypto to Boost Investment and Growth
Turkmenistan has enacted legislation to legalize and regulate digital assets, marking a strategic shift toward economic diversification. The new framework, effective January 2026, imposes stringent licensing requirements for cryptocurrency exchanges and mining operations while explicitly distinguishing virtual assets from legal tender.
Authorities position the MOVE as a bid to attract foreign capital and stimulate fintech innovation, leveraging blockchain technology to reduce reliance on natural gas exports. The regulated environment aims to balance market growth with systemic safeguards, mirroring approaches seen in early-adopting jurisdictions.