Cryptocurrency activities are prohibited in Turkmenistan, with highly restricted internet access limiting crypto usage. There are no explicit regulations supporting crypto, and mining is banned.
| Status | Banned |
| Risk Score | 90/100 (Very High Risk) |
| Region | central asia |
| Currency | TMT |
| Capital Gains (Personal) | N/A |
| Capital Gains (Corporate) | N/A |
| VAT on Crypto | No |
| Staking Tax | N/A |
| Airdrop Tax | N/A |
No crypto-specific tax guidance available.
| Required | No |
| Regulator | CBT |
| Framework | Crypto activities prohibited; highly restricted internet access |
| Ease | very_complex |
No detailed enforcement information available
| KYC Required | No |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | non_compliant |
| FATF Body | EAG |
| Suspicious-Activity Reporting | No |
Status: Banned
Status: Banned
Status: Banned
| Legal | No |
| Electricity Cost | $0.01/kWh |
| Renewable Energy | 25% |
| Infrastructure | poor |
Crypto mining is banned in Turkmenistan. Electricity is cheap but infrastructure and internet access are poor, limiting mining viability.
| Stability | unstable |
| Sanctions | No |
| Corruption Index | 19/100 |
| Banking Access | very_restricted |
Risk Factors
Turkmenistan is an authoritarian state with very restricted internet and financial sectors, making crypto business highly risky and difficult.
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Explore IT Services →Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
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