Turkmenistan legalizes crypto mining and trading, aiming to diversify the economy beyond natural gas exports. Non-residents allowed to mine crypto after registration, and crypto exchanges must meet licensing and security requirements. Despite this, crypto is not considered legal tender in Turkmenistan. Central Asia sees rising crypto adoption following neighboring countries like Kazakhstan and Pakistan.

Kazakhstan emerged as a Bitcoin mining hub post-China ban, while Pakistan made significant strides in crypto regulation. Pakistan established regulatory authority, allowed Binance and HTX to operate, built Bitcoin reserve, and appointed CZ as adviser. Turkmenistan may see slower adoption due to strict government controls and limited foreign investment.

Read more at Cointelegraph: Crypto Exchanges and Mining Now Legal in Turkmenistan