The new bill signed by Turkmen President Serdar Berdimuhamedow in late November 2025 officially took effect on January 1st, explicitly allowing cryptocurrency mining operations and the operation of cryptocurrency exchanges. The bill stipulates that cryptocurrency mining (including mining pools) is within the legal scope locally, and non-Turkmen residents can also participate after completing the registration process; cryptocurrency exchanges established within the territory of Turkmenistan must obtain relevant licenses, while implementing Know Your Customer (KYC), Anti-Money Laundering (AML) requirements and cold wallet storage standards. In addition, the new law clearly states that crypto assets do not possess the attributes of legal tender, monetary form or securities in Turkmenistan.