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📅 January 2 | Central Asia
In one of the most unexpected twists on the global crypto map, Turkmenistan, one of the most closed and hermetic countries in the world, has decided to officially legalize cryptocurrency mining and trading. The move contrasts with decades of economic isolation, extreme state control and almost complete dependence on natural gas.

📖The new law on digital assets came into full force on Thursday, having been signed at the end of November by President Serdar Berdymukhamedov. The legal framework places both cryptocurrency exchanges and mining companies under a licensing regime directly supervised by the central bank, establishing for the first time the legal and economic status of cryptocurrencies within the country.
The announcement is particularly relevant due to the country context. Turkmenistan maintains a strongly state-controlled economy, historically anchored to its vast reserves of natural gas, which are among the four largest in the world.
For decades, this energy wealth has defined its economic model, limiting diversification and reinforcing a system closed to foreign capital and global financial innovation.
Although mining and trading are now allowed, the government made it clear that cryptocurrencies will not be recognized as a means of payment within the country. The traditional financial system will remain the only legal channel for domestic transactions, and state control over money will not be compromised.
Furthermore, internet access continues to be strictly regulated, which significantly limits direct citizen participation in the crypto ecosystem.

Topic Opinion:
It legalizes mining and trading not to empower the citizen, but to turn digital assets into another state lever, as controlled as its energy resources.
💬 Is this real adoption or just crypto with a state uniform?

Leave your comment...
#GlobalCrypto #Turkmenistan #Bitcoinmining #BTC #CryptoNews $BTC

In this article:Metaplanet wants to increase its bitcoin fund to 10,000 BTC by 2025.

The company has made significant progress in transitioning to #bitcoin and wants to maintain it.
Microstrategy's bitcoin purchases will account for 28% of capital inflows into the #cryptocurrency market in 2024.
Japanese bitcoin agency Metaplanet wants to increase its bitcoin fund to 10,000 #BTC by 2025. The company's CEO Simon Gerowitz revealed this goal on New Year's X.
According to Gerowitz, 2024 will be a pivotal year for Metaplanet as the company will expand its bitcoin treasury and establish itself as a leading bitcoin treasury in Asia. and establish itself as a leading bitcoin treasury in Asia. He also said that the company plans to double its prize pool.
He said: Last year was a year of change. We broke records, expanded our bitcoin treasury and strengthened our position as the leading bitcoin treasury company in Asia. This year, we are focused on achieving our goals and creating more value for our shareholders.
The company currently holds 1,762 BTC worth $172.42 million, which is a significant amount considering it started buying BTC in May 2024. Its largest purchase was in December 2024, when the company bought 620 BTC worth US$60 million at an average price of about US$BTC While the 10,000 BTC mark is still a long way off, the company will rely heavily on the capital market instruments it used in 2024 to fund its BTC purchases. The company intends to do just that. The company has financed its purchases with loans, convertible bonds, stocks and other instruments and will continue to do the same in 2025.
Metaplanet's goals go beyond acquiring more bitcoins in the new year. The company also plans to launch new initiatives to promote bitcoin adoption in Japan and increase its influence in Japan and the bitcoin ecosystem.

Last year, Metaplanet's stock price rose 2,629% thanks to its bitcoin strategy.
As of Dec.

Read us at: Compass Investments
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Binance gets its 21st global license in Brazil and acquires Sim;paul to expand services under new cryptocurrency regulations

Binance has received its 21st global license after receiving approval from Brazil's Central Bank. This follows Binance's acquisition of authorized broker-dealer Sim;paul, strengthening its position in one of Latin America's largest economies. Obtaining the license will allow #Binance to offer expanded services in line with Brazil's evolving financial regulations.
Sim;paul has licenses to distribute securities and issue electronic money, giving Binance a strategic advantage in expanding its services in the local market. Binance will have a strategic advantage in expanding its services in the local market. Richard Teng, CEO of Binance, emphasized the importance of Brazil in the company's global growth strategy, while Guilherme Nazar, Binance's head of Latin America, stressed that this achievement demonstrates Binance's commitment to regulatory compliance and high levels of service
Brazil is emerging as a global leader in #cryptocurrency regulation. The country ranks 10th on Chainalysis' Global Cryptocurrency Adoption Index and is actively developing a regulatory framework focused on asset segregation and stable coins. The adoption of the law reflects Brazil's desire to strike a balance between innovation and financial security.
The green light from the regulator will allow Binance to continue its integration into Brazil's fast-growing cryptocurrency sector. Brazil is already showing significant trends in cryptocurrency adoption, including market leadership with the #Solana ETF.
Binance's success in Brazil is part of a broader global regulatory strategy. In early 2023, Binance will receive a license to operate in Argentina and India in the emerging cryptocurrency ecosystem.
The company has received licenses to operate in the emerging cryptocurrency ecosystem in Argentina and India, with great success.

Read us at: Compass Investments
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