Turkmenistan Passes Law to Regulate Crypto Market: Report
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.
The Neutral Turkmenistan newspaper reported that Turkmenistan’s President, Serdar Berdymukhamedov, has signed a new law that regulates crypto activities.
According to a spokesperson, this new law will regulate several crypto-related activities. This includes the creation, storage, placement, use, and circulation of virtual assets in the country.
It also defines the assets’…
