Turkmenistan, one of the world’s most closed nations, legalizes crypto mining and exchanges
Turkmenistan has officially legalized mining and exchanging cryptocurrency, marking a major shift for its tightly-controlled economy. Signed on Thursday by…
ASHGABAT, Turkmenistan(AP) — Turkmenistan, one of the world’s most isolated nations, officially legalized mining and exchanging cryptocurrency on Thursday in a major shift for the country’s tightly controlled, gas-dependent economy.
Signed by President Serdar Berdimuhamedov, the legislation regulating virtual assets brings cryptocurrencies under civil law and establishes a licensing scheme for cryptocurrency exchanges overseen by the country’s central bank.
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