Turkmenistan has legalized cryptocurrency mining and trading, but still prohibits its use as a means of payment.

Odaily Odaily that Turkmen President Serdar Berdimuhamedov signed a decree officially legalizing cryptocurrency mining and trading. The legislation brings virtual assets under civil law and establishes a licensing system for cryptocurrency exchanges, regulated by the country's central bank. However, digital currencies are not considered a means of payment, legal tender, or securities in Turkmenistan. Currently, the internet in Turkmenistan remains under strict government regulation. This move is seen as a significant shift in Turkmenistan's economic policy, given its heavy reliance on natural gas exports. (The Washington Post)