Category: Turkmenistan

In 2024, Turkmenistan’s stance on cryptocurrency legislation offers a distinctive view within the broader spectrum of global digital currency regulation. As a country with a traditionally controlled economy and a cautious approach to financial innovations, Turkmenistan’s regulatory framework for cryptocurrencies reflects its efforts to cautiously engage with this emerging...

Overview As of the end of 2022, Turkmenistan’s approach to cryptocurrency regulation remained largely undefined, with the government maintaining a neutral stance on digital currencies. Lack of Specific Cryptocurrency Laws Neutral Government Stance: Turkmenistan had no explicit law banning or supporting the use of cryptocurrencies like Bitcoin, Ethereum, Litecoin,...