CRYPTOCURRENCY AS A NEW TYPE OF MONEY: DEVELOPMENT, REGULATION AND THE EXPERIENCE OF UZBEKISTAN

Authors

  • Sultanova Feruza Dzhavdatovna Master’s Degree Student, Graduate School of Business and Entrepreneurship under the Cabinet of Ministers of the Republic of Uzbekistan Program: MBA Finance

DOI:

https://doi.org/10.55640/

Keywords:

cryptocurrency, digital assets, blockchain, regulation, finance, Uzbekistan, fintech.

Abstract

The article examines the phenomenon of cryptocurrency as a new form of money emerging from the digitalization of the economy and the development of blockchain technology. It analyzes its role in transforming the modern financial system and explores the main trends and challenges of cryptocurrency regulation in Uzbekistan. Particular attention is given to the evolution of monetary systems, comparative features of fiat and digital currencies, and the interaction of the crypto market with the real economy. Using Uzbekistan as an example, the article highlights the process of legalization and integration of crypto-assets into the national financial system, identifying key challenges and prospects for the further development of the digital economy.

References

1.Nakamoto, S. (2008). Bitcoin: A Peer-to-Peer Electronic Cash System.

2.Bank for International Settlements (BIS). (2024). Annual Economic Report.

3.Chainalysis. (2024). The Geography of Cryptocurrency Report.

4.International Monetary Fund (IMF). (2023). Fintech and the Future of Finance.

5.National Agency for Perspective Projects of the Republic of Uzbekistan. (2023–2025). Official Publications.

6.OECD. (2023). Blockchain Technologies and Their Use in Financial Markets.

7.Binance & CoinPay Partnership Report. (2024). Tashkent.

8.World Economic Forum. (2024). Global Crypto Regulation Outlook.

9.European Central Bank. (2024). Crypto-Assets: Implications for Monetary Policy.

10.UzNEX Exchange. (2023–2025). Official Reports and Analytics.

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Published

2025-10-30

How to Cite

CRYPTOCURRENCY AS A NEW TYPE OF MONEY: DEVELOPMENT, REGULATION AND THE EXPERIENCE OF UZBEKISTAN. (2025). International Journal of Political Sciences and Economics, 4(10), 240-242. https://doi.org/10.55640/

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