Turkmenistan has legalized cryptocurrency mining and exchanges with the aim of boosting economic development. According to the CoinDesk report, the legislation is designed to attract foreign investment by treating virtual assets as property. The move signals a potential shift in the nation's approach to digital currencies, as it seeks to leverage the emerging asset class to stimulate economic growth. The development indicates a growing global interest in integrating cryptocurrencies into national economies, though specific details of the legal framework were not provided in the report.

Turkmenistan has legalized cryptocurrency mining and exchanges with the aim of boosting economic development. According to the CoinDesk report, the legislation is designed to attract foreign investment by treating virtual assets as property. The move signals a potential shift in the nation's approach to digital currencies, as it seeks to leverage the emerging asset class to stimulate economic growth. The development indicates a growing global interest in integrating cryptocurrencies into national economies, though specific details of the legal framework were not provided in the report.