Turkmenistan Advances Digital Economy with Virtual Asset Legislation
- On November 28, President Serdar Berdymukhamedov signed a new law legalizing and regulating virtual assets.
- The law will come into effect starting next year, marking a significant shift in Turkmenistan’s economic strategy.
- This move is part of Turkmenistan’s broader strategy for economic diversification through digital economy integration.
Turkmenistan has taken a major step towards embracing the digital economy by passing legislation to legalize and regulate virtual assets. This development aligns with the country’s goal of diversifying its economy and integrating digital solutions.
The new law, signed by President Berdymukhamedov, will be implemented next year, highlighting Turkmenistan’s commitment to modernizing its economic framework through the inclusion of virtual assets. (Source)