Turkmenistan - The Times Of Central Asia

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Social Security

Turkmen Pensioners Endure Long Queues to Prove They Are Alive

At the start of each year, elderly citizens and benefit recipients across Turkmenistan are forced to endure long hours in line at social security offices, as part of a biannual process requiring them to prove they are still alive. This routine formality has become a grueling ordeal, especially amid growing discontent over the government’s refusal to adjust payments as it had in previous years. Twice annually, in January and July, pensioners and beneficiaries must appear in person at local offices to receive a stamp in their pension books, confirming eligibility and the amount of payment for the next six months. Failure to do so results in an immediate suspension of payments. While retroactive disbursements are promised upon eventual reappearance, surviving without income for six months is an impossible burden for many. Reports of queues have emerged from across the country. Beneficiaries point out that the process could be easily streamlined with scheduled appointments or structured lists. However, no such measures are being implemented. Instead, in freezing cold or scorching heat, elderly people, women with young children, and individuals with disabilities must wait for hours. In the city of Turkmenbashi, residents expressed particular frustration. Many pensioners reportedly held out hope until the last moment for the traditional 10% increase in payments and were shocked to find it canceled this year. For those in rural areas, even an extra $2.50 to $3 per month can make a significant difference. The Times of Central Asia previously reported that the cancellation of the 2026 pension and benefit indexation triggered sharp discontent among older residents. Many only learned of the decision during their January visits and openly expressed their anger. The move stems from a position voiced in the fall of 2025 at a parliamentary session. Honorary elder Yazmyrat Atamyradov proposed a complete freeze on wage, pension, benefit, and scholarship growth, claiming the standard of living for Turkmenistan’s “happy people” was rising sufficiently.

Cryptocurrency

Turkmenistan Opens Door to Crypto Mining, Keeps Firm Grip on Exchanges

Turkmenistan has taken a rare step toward opening a tightly controlled economy by legalizing cryptocurrency mining and the operation of crypto exchanges under a new “Law on Virtual Assets”. First reported by The Times of Central Asia in early December 2025, the law came into effect on January 1, 2026, creating a state-run licensing system overseen by the Central Bank of Turkmenistan, while keeping strict limits on how crypto can be used inside the country. The legal change, signed by President Serdar Berdimuhamedov, brings “virtual assets” under civil law, meaning that crypto is treated as property, rather than money. Under the framework, cryptocurrencies are not recognized as legal tender and cannot be treated as a currency or security for domestic payments. As previously reported by The Times of Central Asia, the law covers the creation, storage, issuance, and circulation of virtual assets. It also states that the government is not responsible for losses incurred through crypto platforms or for drops in asset value. Mining rights are available to individual entrepreneurs and legal entities that register electronically with the central bank, and the law explicitly bans “hidden mining” that uses someone else’s computing resources without permission. For exchanges and related service providers, the licensing requirements are central. Licensed firms can offer exchange, transfer, storage, and management services, and conduct initial offerings, but they must follow customer identification rules aligned with anti-money-laundering controls. The law also places strict limits on who can operate crypto exchanges inside Turkmenistan. Individuals and legal entities registered in offshore jurisdictions are barred from establishing exchanges, and founders with offshore bank accounts are disqualified from obtaining licenses, reinforcing a framework designed to keep ownership and control within a tightly regulated domestic system. Advertising restrictions further underscore the government’s cautious approach. Crypto service providers are prohibited from making promises of profitability or offering inducements to attract customers. Promotional materials must include explicit warnings that virtual assets are not state-backed and may lose value, reflecting official concerns over speculation and consumer risk. The shift is widely seen as significant for one of the world’s most closed economies, though structural constraints remain. Turkmenistan’s heavily regulated internet environment poses a challenge for both trading platforms and large-scale exchange operations, particularly those requiring uninterrupted access to global networks. The move also fits within a broader effort to reduce reliance on gas exports by cautiously diversifying the economy. The commercial question now is whether legal clarity and access to low-cost electricity can outweigh these limitations. The model combines ultra-cheap energy with a license-driven regulatory system, a structure that may attract some miners while deterring firms that depend on flexible compliance regimes or unrestricted connectivity. Across Central Asia, governments have taken divergent approaches to regulating digital assets. Kazakhstan has experimented with special regulatory zones and later expanded oversight nationwide. Turkmenistan’s approach is more centralized, creating a narrow legal pathway that keeps regulatory authority concentrated with the state and the central bank. The government has signaled incremental openness in other areas, including the introduction of electronic...

Sports

Turkmenistan’s Arkadag to Face Cristiano Ronaldo’s Al-Nassr in AFC Champions League

Turkmenistan’s Arkadag football team has drawn Saudi Arabia’s Al-Nassr, one of the favorites to win the AFC Champions League, in the round of 32. The Riyadh-based club features global football icon Cristiano Ronaldo. The play-off stage draw was held on December 30 in Kuala Lumpur. Arkadag could have faced Jordan’s Al-Hussein or the UAE’s Al-Wasl, but the outcome proved more challenging. Al-Nassr, widely considered a top contender for the title, will now travel to Ashgabat for a critical away match. Cristiano Ronaldo has been with the Saudi club for three seasons but has yet to play a match in Central Asia. In both 2023 and 2025, Al-Nassr shared a group with Tajikistan’s Istiklol. However, in each case, the matches in Dushanbe occurred late in the group stage, with Al-Nassr having already secured qualification, prompting the club to rest its key players. The upcoming encounter may break that pattern. As the first match of a two-legged tie, Al-Nassr is unlikely to underestimate its opponent. Arkadag, the reigning AFC Challenge League champion, has established itself as a formidable home team, maintaining an unbeaten record since its founding. In last season’s Challenge League playoffs, Arkadag defeated India’s East Bengal 2-1 and Kuwait’s Al-Arabi 3-0 on home turf. In this season’s AFC Champions League, the team has continued its strong form, securing a 1-0 win over Bahrain’s Al-Khalidiya and drawing 1-1 with both Uzbekistan’s Andijan and Qatar’s Al-Ahli. For Al-Nassr, the match represents an away challenge against a little-known but dangerous opponent. Arkadag's home advantage, unwavering support from local fans, and spotless home record make the team a serious threat, even for a club boasting global superstars. The first-leg match is scheduled for February 10 or 11 in Turkmenistan, with the return leg set for February 17 or 18 in Saudi Arabia. Arkadag is Central Asia’s sole representative in the AFC Champions League round of 32. However, the region will also be represented in the AFC Challenge League playoffs, with Kyrgyzstan’s Muras United advancing to the next stage. The Ashgabat fixture may become not only the highlight of Turkmenistan’s football winter, but also a rare opportunity for Central Asian fans to witness one of the world’s greatest players compete on regional soil.

Iran

The Trump Factor: Why Central Asia Has Remained Silent on Iran’s Protests

The wave of protests that erupted in Iran in late December and spread to at least 27 of the country’s 31 provinces has become the largest since 2022, when mass demonstrations followed the death of 22-year-old Mahsa Amini in the custody of Iran’s morality police. The unrest has raised new concerns across the region about political stability, energy markets, and the risk of external intervention. Rights monitors say protests have been reported in hundreds of locations nationwide, with death and detention tolls still contested. Human rights groups and independent monitoring organizations estimate that dozens of people have been killed and more than 2,000 detained, while Iranian officials have offered varying accounts and blamed violence on what they describe as “rioters.” In Kazakhstan, observers are drawing comparisons to the country’s own January 2022 unrest, officially labeled an attempted coup that ended in a violent crackdown. But beyond the parallels with Kazakhstan’s ‘Qantar’ events, analysts are focusing on the wider implications, particularly the potential impact of Iran’s domestic turmoil on global oil markets. For Kazakhstan, the stakes are heightened by the country’s reliance on hydrocarbon exports and the sensitivity of global energy markets to supply shocks. Any sharp change in Iranian output, even if temporary, could place downward pressure on prices and complicate budget planning for oil-dependent economies across Central Asia. Kazakh financial analyst Rasul Rysmambetov has voiced concern that unrest in Iran could trigger a surge in oil production aimed at funding social spending, a move that could drive down global oil prices and harm Kazakhstan’s oil-dependent economy. “Iran could add half a million barrels a day within six months and cause oil prices to collapse, but it would not do so casually. The Middle East is very sensitive and knows how to negotiate. Still, if the protests persist, Tehran might ramp up production to finance social needs. [This would be] painful for Kazakhstan. If Venezuela is a bear cub, then Iran is a grizzly bear in the bushes with its oil,” Rysmambetov warned on his Telegram channel. While political unrest typically raises oil prices by increasing supply risk, analysts note that Iran’s response could be atypical. Faced with fiscal pressure, Tehran may opt to increase production to stabilize revenues, a move that would push prices lower despite heightened instability. Iran’s chronic social issues, exacerbated by inflation and the collapse of the national currency, have fueled public discontent for more than a decade. While the Iranian authorities acknowledge the severity of the economic crisis and have conceded that some demands are legitimate, they have also warned of further hardships. On January 5, the judiciary announced that no leniency would be shown toward those detained during the protests. Russian experts, meanwhile, have framed the unrest in geopolitical terms. Irina Fedorova of the Russian Academy of Sciences’ Institute of Oriental Studies cited renewed sanctions, critical shortages of water and electricity, and foreign interference as the root causes. However, she dismissed the likelihood of regime change, pointing to disunity among opposition factions. “The difference...

U.S. Visa Bond

U.S. Adds Turkmenistan to Visa Bond List, Raising Entry Costs for Travelers

The Trump administration has added seven countries, including Turkmenistan, to a list requiring some visa applicants to post bonds of up to $15,000 to enter the United States, according to a notice published on the U.S. State Department’s travel website. The measure took effect on January 1. The newly designated countries are Bhutan, Botswana, the Central African Republic, Guinea, Guinea-Bissau, Namibia, and Turkmenistan. With these additions, the total number of countries subject to the bond requirement has risen to thirteen, most of them in Africa. As reported by the Associated Press, the policy applies to passport holders from the listed countries seeking certain non-immigrant visas who are considered at higher risk of overstaying. According to U.S. officials, the bonds, ranging from $5,000 to $15,000, are intended to ensure compliance with visa conditions. The State Department has stated that the requirement is designed to encourage timely departure from the U.S. Payment of the bond does not guarantee visa issuance; if a visa is denied, or if the applicant complies with all visa terms, the bond is refunded. The policy is part of a broader tightening of U.S. entry rules under President Donald Trump. Recent changes include mandatory in-person interviews for most visa applicants, expanded disclosure of social media histories, and more detailed reporting of personal travel and residency records. For Turkmenistan, the move marks a shift in U.S. policy. Although the six-month suspension on issuing new U.S. visas to Turkmen citizens has been partially lifted, access to the U.S. has, in practice, become significantly more restricted. Heightened scrutiny and increased financial requirements have sharply narrowed the pool of applicants eligible for tourist and business visas. In effect, travel to the U.S. is now largely limited to a small segment of Turkmen citizens who can demonstrate sufficient financial means and meet stricter security and compliance criteria. As a result, the formal easing of visa restrictions has not translated into broader mobility but instead introduced new filtering mechanisms. A similar approach has previously been observed in Turkmenistan’s outbound travel policies. According to turkmen.news, Turkmen travel agencies require a security deposit of $500 when arranging 60-day visas to the United Arab Emirates. The measure is intended to offset fines imposed if travelers fail to leave the UAE after their visa expires. In December of last year, The Times of Central Asia reported that the United States had lifted its suspension on the entry of Turkmen citizens holding non-immigrant visas. That suspension had been imposed under a June executive order signed by President Trump that restricted entry from nineteen countries. A subsequent order expanded controls on nations the White House said had serious deficiencies in screening and vetting procedures, paving the way for measures such as the visa bond requirement. Tajikistan and Kyrgyzstan were also added to the U.S. list. Restrictions on citizens of these countries are set to take effect on January 21, 2026. In July of last year, the U.S. State Department imposed additional restrictions on the issuance of B-1/B-2 visas for Kyrgyz...

Social Protection

Turkmen Pensioners Decry Government’s Refusal to Index Payments

The Turkmen government's decision to forgo its customary annual increase in pensions and benefits in 2026 has sparked sharp discontent among elderly citizens. Pensioners, arriving to have their documents updated for the year, have discovered that payment amounts remain unchanged and many are not hiding their anger. Since January 2, retirees have been visiting social security offices where pension amounts are officially recorded in their books. In previous years, this annual procedure was typically accompanied by an indexation of around 10%, helping to offset inflation and rising prices. That practice has been discontinued. Pension and social benefit levels remain frozen, despite the ongoing increase in living costs. The decision not to index pensions was announced in autumn 2025 during a parliamentary session, where honorary elder Yazmyrat Atamyradov proposed a complete halt to increases in salaries, pensions, state benefits, and scholarships. He claimed the “happy people” of Turkmenistan already enjoy a steadily improving standard of living, making additional financial support unnecessary. The response from the public has been stark. Pensioners are openly criticizing the government and President Serdar Berdimuhamedov, not only in social services offices but also in markets, on public transport, and in other public places. Many older citizens recall a similarly severe decision under the country’s first president, Saparmurat Niyazov, when pensions were abolished entirely. Witnesses from that time report that some elderly individuals, left without support, were pushed to the brink of survival. The current cost-of-living crisis has exacerbated the backlash. Over the past year, food prices have surged. Beef has risen from $17.40-$20.30 to $31.90-$33.40 per kilogram, and local apples have jumped from $4.35 to $7.69 per kilogram. As of January 1, 2025, the minimum pension in Turkmenistan was set at $159.50. That figure remains unchanged in 2026, despite the deepening economic pressures faced by retirees.