Turkmenistan Enters the Crypto Age With New Regulation by 2026
TLDR
- New 2026 law licenses exchanges and enforces strict KYC and custody.
- Mining requires central bank approval with identity and cold storage.
- State may restrict unbacked tokens to protect financial stability.
- Law aims to modernize economy and attract formal crypto investment.
- Heavy regulation could curb decentralization but boost security.
Turkmenistan approved a sweeping law to legalize and regulate crypto operations nationwide. It will take effect January 1 2026 and impose firm rules on exchanges, mining, and custody. The law marks a major shift toward clear oversight of all virtual asset activity across the country.
Regulating Exchanges and Custody Services
The legislation demands all crypto exchanges obtain licenses…
