Turkmenistan passes the encryption asset regulation bill.

[Turkmenistan Passes Crypto Assets Regulatory Bill] According to Reuters, Turkmenistan has passed a bill to legalize and regulate digital assets, including a licensing system for crypto asset exchanges and crypto mining companies. Turkmenistan's President Serdar Berdymukhamedov has signed the bill, which will officially take effect on January 1. According to a government spokesperson, the bill will help attract investment and promote digitalization. The bill covers the regulatory framework for the creation, storage, issuance, use, and circulation of virtual assets within Turkmenistan, and clarifies their legal and economic status. Turkmenistan is a landlocked country located in the southwest of Central Asia.