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Guyana vs Turkmenistan

Crypto regulation comparison

← Back to map | Guyana | Turkmenistan
Guyana

Guyana

Turkmenistan

Turkmenistan

No Regulation
Legal

Guyana has no specific cryptocurrency regulation. The Bank of Guyana has noted crypto is not legal tender but has not banned it. No income or capital gains tax exists.

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 Bank of Guyana
Regulator Central Bank of Turkmenistan
Stablecoin Rules No stablecoin regulation
Stablecoin Rules Regulated under Virtual Assets Law
Key Points
  • No specific cryptocurrency legislation
  • Bank of Guyana warns crypto is not legal tender
  • No income or capital gains tax in Guyana
  • No licensing framework for crypto businesses
  • Limited crypto adoption
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