Turkmenistan's cryptocurrency regulation law takes effect, legalizing mining and trading.

[Turkmenistan's Cryptocurrency Regulatory Law Takes Effect, Legalizing Mining and Trading] According to a report by Cointelegraph, the cryptocurrency regulatory law signed by the President of Turkmenistan at the end of November has taken effect, officially legalizing cryptocurrency mining and trading in Turkmenistan. Under the law, non-Turkmen residents can also mine cryptocurrencies in the country after registration. Cryptocurrency mining pools are also permitted to be established. The law stipulates that cryptocurrency exchanges established in Turkmenistan must obtain licenses, establish KYC and anti-money laundering (AML) mechanisms, and meet certain cold storage requirements. Previously, it was reported that Turkmenistan passed the cryptocurrency regulatory law, which will take effect in 2026.