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Grenada vs Turkmenistan

Crypto regulation comparison

← Back to map | Grenada | Turkmenistan
Grenada

Grenada

Turkmenistan

Turkmenistan

No Regulation
Legal

Grenada has no specific cryptocurrency legislation. No income or capital gains tax. ECCB provides regional monetary oversight.

Turkmenistan enacted the Law on Virtual Assets effective January 2026, legalizing crypto exchanges and mining under Central Bank licensing. Crypto is treated as property, not legal tender.

Tax Type No tax
Tax Type None
Tax Rate 0%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Eastern Caribbean Central Bank (ECCB)
Regulator Central Bank of Turkmenistan
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules Regulated under Virtual Assets Law
Key Points
  • No specific cryptocurrency legislation
  • No income or capital gains tax
  • ECCB provides regional monetary oversight
  • Limited crypto adoption
  • No licensing framework for crypto services
Key Points
  • Law on Virtual Assets enacted November 2025, effective January 2026
  • Crypto exchanges and mining require Central Bank licensing
  • Crypto treated as property, not legal tender
  • Banks prohibited from directly providing crypto services
  • Low electricity costs attract mining operations
Sources
Sources