Turkmenistan’s crypto mining law takes effect after November approval

Turkmenistan’s long-anticipated crypto mining law has officially taken effect, marking a major shift in the tightly controlled nation’s economic policy after gaining parliamentary approval in November and receiving presidential assent in late 2025.

The new Law on Virtual Assets came into force on January 1, 2026, establishing a legal framework for cryptocurrency mining, trading, and exchanges under strict oversight – but with significant restrictions that reflect Ashgabat’s cautious approach to digital assets.

Shortly after this news was made public, reports from reliable sources confirmed that the new regulation had received the approval of Serdar Berdimuhamedow, the President of Turkmenistan. With this approval in…

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