Turkmenistan Legalizes Cryptocurrency: A Major Shift for the Central Asian Nation

President Serdar Berdymukhamedov has signed a decree legalizing cryptocurrency mining and exchanges in Turkmenistan, effective January 1, 2026. This landmark legislation outlines rules for virtual asset creation, storage, use, and circulation, defining their legal and economic status within the nation. Reuters reports that this new law sets out clear guidelines for crypto operations, while also addressing concerns about money laundering.