Turkmenistan Legalizes Crypto Mining and Trading, Eyes Economic Diversification
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Turkmenistan Legalizes Crypto Mining and Trading, Eyes Economic Diversification

Turkmenistan has officially legalized cryptocurrency mining and trading, bringing virtual assets under civil law with a new licensing scheme overseen by the central bank. While this move aims to boost the gas-dependent economy, digital currencies will not be recognized as a means of payment. The country maintains tight control over its internet and has previously simplified entry for foreigners with electronic visas.

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