Turkmenistan just officially legalized cryptocurrency mining and spot exchanges as of January 1st, following legislation that was signed back in November. Here's what makes this interesting: the new regulatory framework doesn't just permit locals to participate—it actually opens the door for non-residents to mine within the country too. This is a significant move in terms of regulatory clarity. More governments are beginning to recognize crypto's role in their economies, and Turkmenistan's approach suggests a more open stance compared to outright bans. The timing also matters; this kind of framework can attract mining operations and trading activity to regions that offer legal certainty and competitive infrastructure. Worth keeping an eye on how this plays out.
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MetaverseMortgage
· 2h ago
Turkmenistan's recent move is quite impressive, directly bringing non-residents into mining. This approach... is way ahead of some countries in realizing it.
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WinterWarmthCat
· 2h ago
Turkmenistan's recent move is interesting; finally, a country that isn't just banning everything but thinking about how to regulate properly...
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StablecoinGuardian
· 2h ago
Turkmenistan's recent move is pretty decent. At least there's a country that dares to openly embrace mining, much better than places that stubbornly refuse to do so...
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NFTFreezer
· 2h ago
Turkmenistan's recent move is truly awesome, directly opening the doors to global miners and taking policy clarity to a new level.
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ContractFreelancer
· 2h ago
Wow, Turkmenistan is really pulling some stunts? They’re really daring to open up now.
Turkmenistan just officially legalized cryptocurrency mining and spot exchanges as of January 1st, following legislation that was signed back in November. Here's what makes this interesting: the new regulatory framework doesn't just permit locals to participate—it actually opens the door for non-residents to mine within the country too. This is a significant move in terms of regulatory clarity. More governments are beginning to recognize crypto's role in their economies, and Turkmenistan's approach suggests a more open stance compared to outright bans. The timing also matters; this kind of framework can attract mining operations and trading activity to regions that offer legal certainty and competitive infrastructure. Worth keeping an eye on how this plays out.