Turkmenistan Legalizes Cryptocurrency Mining, Establishing Regulatory Framework
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Policy Shift: Turkmenistan has officially legalized cryptocurrency mining and trading, establishing a new regulatory framework aimed at attracting foreign investment and creating new revenue streams, marking a significant step in the country's engagement with the global digital economy.
- Registration Requirement: All miners must complete a government registration process, ensuring a known participant base for monitoring and taxation, which will help establish a transparent market environment and enhance consumer protection.
- Mining Pool Licensing: The new regulations permit the operation of mining pools, facilitating the aggregation of computational power, and are expected to spur infrastructure development, particularly in energy-rich regions.
- Market Positioning: Turkmenistan's policy contrasts with neighboring countries like Kazakhstan and Uzbekistan, aiming to avoid grid overload while leveraging its abundant energy resources to support the growth of the cryptocurrency sector.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






