Turkmenistan Legalizes Digital Assets in Groundbreaking Move

iconBitcoinWorld
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

Derived from BitcoinWorld, Turkmenistan has passed legislation to legalize digital assets, effective January 1 next year. The law establishes a regulatory framework covering cryptocurrency exchanges, mining operations, and digital asset storage and circulation. The move aims to diversify the country’s economy and attract foreign investment through blockchain technology. The legislation also allows both domestic and international exchanges to operate under licensing requirements and sets guidelines for secure and sustainable mining practices.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.