Turkmenistan legalizes crypto mining and exchanges to boost the economy

MEVictim · 2026-01-02T13:38:12+00:00

Turkmenistan has legalized cryptocurrency mining and exchanges to enhance economic growth and attract foreign investment, following a framework established by President Berdimuhamedov. A study suggests this move could benefit developing nations by improving financial inclusion.

MEVictim

2026-01-02 13:38:12

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Source: CryptoNewsNet Original Title: Turkmenistan legalizes crypto mining and exchanges to boost the economy Original Link: Turkmenistan officially put into effect the Law on Virtual Assets legalizing cryptocurrency mining and crypto exchanges as it looks to boost economic development and attract foreign investment.

The new rules, which President Serdar Berdimuhamedov signed into law on Nov. 28, provide a framework for the use, creation and exchange of virtual assets in the country.

A 2025 study on Organization of Islamic Cooperation (OIC) member states, which include Turkmenistan, concluded that allowing crypto is good for the economy.

“Cryptocurrency legalization has significantly boosted economic growth in developing nations by enhancing financial inclusion and providing the legal clarity essential for attracting digital foreign direct investment,” said Muhammad Rheza Ramadhan, an economist and researcher at Indonesia’s Ministry of Finance.

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AirdropDreamer

· 01-04 16:07

Turkmenistan opens up mining... This wave is really here, another country has given in.

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MetaverseLandlady

· 01-03 17:57

Turkmenistan's move is real this time; finally, a country dares to take the plunge.

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GateUser-00be86fc

· 01-03 14:43

Turkmenistan's move is impressive, directly legalizing mining and exchanges, truly insightful.

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FlippedSignal

· 01-02 14:06

Turkmenistan has legalized it? Looks like another wave of retail investors will be taken advantage of.

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FlatTax

· 01-02 14:05

Turkmenistan's recent moves are quite good; finally, a country is willing to recognize mining and exchanges. The economy definitely needs to find ways to get going.

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DaisyUnicorn

· 01-02 13:53

Turkmenistan is about to take off, another country opening the door to virtual assets. The flowers finally have a legal space to grow, hehe.

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WagmiOrRekt

· 01-02 13:39

Another country has officially announced... Is this really going to change the game rules?

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