Turkmenistan
TurkmenistanOne of Asia's most closed economies legalised mining and crypto exchanges on 1 January 2026, with the central bank as gatekeeper.
Key Regulatory Progress
Every law, rule and official guide on crypto in Turkmenistan: 3 apply today, and the rest show what's coming and how regulators read the rules. Each is explained in plain words and linked to the official original.
Last checked against the originals on 5 Oct 2026.
Core framework
The primary statutes that define crypto assets and who may deal in them.
- In forceApplies today
Law of Turkmenistan on Virtual Assets (No. 180-VII), official Turkmen text
Wirtual aktiwler hakynda Türkmenistanyň Kanuny
The full statute in Turkmen: defines virtual assets, mining and service providers, names the central bank as the authorised body and takes effect on 1 January 2026.
Read the original - GuidanceNot binding law
Turkmenistan is purposefully working on implementing a virtual assets system and mining technologies
Reports the 21 November 2025 government meeting at which the President approved the draft Roadmap for regulating virtual assets and introducing mining technologies in 2026 to 2030, covering legislation, energy and communications infrastructure, investment and pilot projects, and a proposal for a special State Commission.
Read the original - GuidanceNot binding law
The meeting of the Cabinet of Ministers of Turkmenistan
The Cabinet was told a Law on Virtual Assets had been drafted to attract investment, and the President ordered it finalised with the Mejlis.
Read the original
Exchanges & custody
Licensing, conduct and custody rules for trading platforms and service providers.
- In forceApplies today
Law of Turkmenistan on Virtual Assets (official Russian translation)
Закон Туркменистана О виртуальных активах
Translation published by the state news agency: VASPs must be Turkmen-registered and licensed, custodians must use cold wallets, and offshore owners are barred.
Read the original
AML & travel rule
Anti-money-laundering obligations and the FATF travel rule.
- GuidanceNot binding law
Turkmenistan remains committed to integration into the international financial monitoring system
At the EAG parliamentarians' forum Turkmenistan presented the Law on Virtual Assets as creating a digital financial market with a virtual asset exchange.
Read the original - GuidanceNot binding law
Turkmenistan: 3rd Enhanced Follow-up Report (with re-ratings)
Adopted by the EAG Plenary in May 2026 and published on 29 June: upgraded Recommendations 12 and 26 but left Recommendation 15 partially compliant, with enhanced follow-up until November 2027.
Read the original - GuidanceNot binding law
Session of the Mejlis of Turkmenistan was held
Reports the parliamentary session that considered the Law on Virtual Assets and adopted amendments to the AML/CFT law.
Read the original - GuidanceNot binding law
Mutual Evaluation Report of Turkmenistan
Adopted at the 38th EAG Plenary: found no registered VASPs, no VASP AML obligations and no legal basis for mining, and rated Recommendation 15 on new technologies partially compliant.
Read the original
Investor protection
Market abuse, disclosure, advertising and retail safeguards.
- In forceApplies today
Law of Turkmenistan on Virtual Assets (state news agency, Turkmen)
Wirtual aktiwler hakynda Türkmenistanyň Kanuny
Turkmen publication of the law, including its advertising chapter, which requires risk warnings and bans promises of returns.
Read the original
More in Central Asia
Kazakhstan
Uzbekistan
KyrgyzstanMembers · free
Sign in to read the full regulation guide
One free account opens every market's regulation, licences and companies, the AI tools, letters and the magazine.