[Turkmenistan Cryptocurrency Regulation Act Comes into Effect, Legalizing Mining and Trading] According to Cointelegraph, the cryptocurrency regulation act 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. Under this law, non-Turkmenistan residents can also engage in cryptocurrency mining in the country after registration. Cryptocurrency mining pools are also permitted to be established. The law stipulates that cryptocurrency exchanges set up in Turkmenistan must obtain licenses, establish KYC and anti-money laundering (AML) mechanisms, and meet certain cold storage requirements. Previous reports indicated that Turkmenistan had passed the cryptocurrency regulation act, set to take effect in 2026.