In a landmark legislative move, Turkmenistan has enacted comprehensive regulations to legalize cryptocurrency trading, effective from 2026. The new framework establishes a strictly controlled environment for digital asset operations, requiring all participants to obtain official licenses. Authorities will enforce rigorous oversight, potentially mandating the use of state-operated ledgers to monitor transactions and ensure compliance with national standards. This approach aims to integrate cryptocurrency into the formal economy while mitigating risks such as fraud and financial instability. By implementing these measures, Turkmenistan seeks to balance innovation with security, fostering a regulated digital finance ecosystem that aligns with governmental priorities. The decision reflects a growing trend among nations to formalize crypto activities, though Turkmenistan’s model emphasizes centralized control to maintain economic stability and transparency.
