Cointelegraph reported that the cryptocurrency regulation bill signed by the President of Turkmenistan at the end of November has come into effect, marking the official legalization of cryptocurrency mining and trading in Turkmenistan.According to the law, non-Turkmenistan residents can also engage in cryptocurrency mining in the country after registration. Cryptocurrency mining pools are also allowed to be established. The law stipulates that cryptocurrency exchanges established in Turkmenistan need to obtain a license, establish KYC and anti-money laundering (AML) mechanisms, and meet certain cold storage requirements. Previous news indicated that Turkmenistan passed the cryptocurrency regulation bill, which will take effect in 2026.