BTC $68,329.00 (+1.03%)
ETH $1,988.35 (+1.26%)
XRP $1.44 (+1.02%)
BNB $626.01 (+1.15%)
SOL $86.20 (+2.47%)
TRX $0.29 (+0.79%)
DOGE $0.10 (-0.68%)
BCH $565.65 (+1.04%)
ADA $0.28 (-1.89%)
LEO $8.57 (-1.41%)
HYPE $29.84 (-0.22%)
LINK $8.90 (+0.40%)
CC $0.16 (-0.11%)
XMR $326.46 (-2.06%)
XLM $0.16 (-0.31%)
RAIN $0.01 (-0.26%)
HBAR $0.10 (+0.15%)
ZEC $259.23 (-0.77%)
LTC $55.37 (+0.87%)
AVAX $9.23 (+1.25%)

Libya vs Turkmenistan

Crypto regulation comparison

← Back to map | Libya | Turkmenistan
Libya

Libya

Turkmenistan

Turkmenistan

Banned
Legal

Libya has a restrictive stance on cryptocurrency. The Central Bank of Libya has warned against crypto use. Political instability and a divided government complicate any regulatory development.

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 None
Tax Type None
Tax Rate N/A
Tax Rate N/A
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Central Bank of Libya
Regulator Central Bank of Turkmenistan
Stablecoin Rules No stablecoin regulation
Stablecoin Rules Regulated under Virtual Assets Law
Key Points
  • Central Bank of Libya has warned against cryptocurrency use
  • No specific cryptocurrency legislation
  • Political instability limits regulatory development
  • Crypto used informally despite restrictions
  • No licensed crypto exchanges operate
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