Turkmenistan Legalizes Crypto Mining but Bans Use for Payments

By Coin Edition
2 days ago
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  • Turkmenistan legalizes crypto mining and trading from January 1, 2026
  • Users will be able to mine, trade, and store cryptocurrencies, but not use them for payments
  • The move aligns with Uzbekistan and Kazakhstan’s regulated frameworks

As of January 1, 2026, cryptocurrency mining and trading will become fully legal in Turkmenistan. Earlier this week, local newspaper Neutral Turkmenistan reported that the country’s President, Serdar Berdimuhamedow, signed a new legislation that sets up the framework for issuing, storing, and trading digital assets. 

Under the new law, citizens of Turkmenistan will be able to mine, trade, and store cryptocurrencies, but they won’t be able to use them as a means of payment. 

In order to mine the tokens, users will first need to register with the country’s Central Bank. Shadow mining, which refers to using someone else’s infr…

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