Turkmenistan Passes Law to Regulate Crypto Market: Report
Key Notes
- Turkmenistan has taken a step towards regulating the crypto ecosystem in its region.
- President Serdar Berdymukhamedov signed a law that will come into force on January 1.
- In the Central Asia region, Kyrgyzstan recently launched a national stablecoin in partnership with Binance.
The Central Asia nation, Turkmenistan, has passed a law that legalizes and regulates digital assets.
In a November 28 report, it was stated that the country will now begin to issue licences to cryptocurrency exchanges and crypto mining companies.
The law, which was signed by President Serdar Berdymukhamedov, will come into force on January 1.
Turkmenistan Crypto Legislation Goes Live on Jan. 1
The Neutral Turkmenistan newspaper…
