Turkmenistan legalizes cryptocurrency mining and trading

Turkmenistan has legalized cryptocurrency mining and trading, Cointelegraph reported. Under the new regulations, both domestic and foreign nationals who complete a registration process will be permitted to mine cryptocurrencies, and the operation of mining pools will also be allowed. Additionally, cryptocurrency exchanges headquartered in Turkmenistan will be required to obtain a license. However, the country has not yet recognized cryptocurrency as legal tender, currency, or a security.