Turkmenistan

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.

Overview

StatusBanned
Risk Score90/100 (Very High Risk)
Regioncentral asia
CurrencyTMT

Tax

Capital Gains (Personal)N/A
Capital Gains (Corporate)N/A
VAT on CryptoNo
Staking TaxN/A
Airdrop TaxN/A

No crypto-specific tax guidance available.

Licensing

RequiredNo
RegulatorCBT
FrameworkCrypto activities prohibited; highly restricted internet access
Easevery_complex
CostN/A

DeFi

Status: Banned

Stablecoins

Status: Banned

NFTs

Status: Banned

Mining

LegalNo
Electricity$0.01/kWh
Renewable25%
Infrastructurepoor

Crypto mining is banned in Turkmenistan. Electricity is cheap but infrastructure and internet access are poor, limiting mining viability.

Geopolitics

Stabilityunstable
SanctionsNo
Corruption Index19/100
Banking Accessvery_restricted

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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