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Turkmenistan vs Kosovo

Crypto regulation comparison

Turkmenistan

Turkmenistan

Kosovo

Kosovo

Legal
Legal

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.

Kosovo banned crypto mining in 2022 due to energy crisis but crypto trading remains legal. The Central Bank has warned about crypto risks.

Tax Type None
Tax Type Income
Tax Rate N/A
Tax Rate 0-10%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining No No
Regulator Central Bank of Turkmenistan
Regulator Central Bank of Kosovo
Stablecoin Rules Regulated under Virtual Assets Law
Stablecoin Rules No specific stablecoin regulation
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
Key Points
  • Crypto mining banned in 2022 due to energy crisis
  • Crypto trading and holding remain legal
  • Central Bank has warned about crypto risks
  • Income from crypto subject to taxation
  • Growing crypto adoption despite mining ban