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Papua New Guinea vs Turkmenistan

Crypto regulation comparison

← Back to map | Papua New Guinea | Turkmenistan
Papua New Guinea

Papua New Guinea

Turkmenistan

Turkmenistan

No Regulation
Legal

Papua New Guinea has no specific cryptocurrency regulation. The central bank has not issued formal guidance on crypto.

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 Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Bank of Papua New Guinea
Regulator Central Bank of Turkmenistan
Stablecoin Rules No stablecoin regulation
Stablecoin Rules Regulated under Virtual Assets Law
Key Points
  • No specific cryptocurrency legislation
  • Central bank has not issued formal crypto guidance
  • Limited internet and financial infrastructure
  • Minimal 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