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THE STRATEGIC ROLE OF CRYPTOCURRENCIES IN THE DEVELOPMENT OF UZBEKISTAN’S FINANCIAL MARKET

Baxtiyorov Xojiakbar Shuxrat o‘gli , Master’s student in Finance, Karshi State Technical University

Abstract

This paper explores the growing influence of cryptocurrencies in global finance and analyzes their potential to enhance the financial market of Uzbekistan. The discussion encompasses the evolution of digital assets, their regulatory environment in Uzbekistan, international experiences, and the opportunities and risks they present. The study concludes with practical recommendations to support the integration of crypto technologies into the national financial infrastructure.

Keywords

cryptocurrency, blockchain, financial market, digital assets, tokenization, investment, regulation, fintech, inflation, risk.

References

Presidential Decree PF–3832, July 3, 2018

Presidential Resolution, April 15, 2022

Law “On Crypto Assets,” July 30, 2023

Official website of the President of Uzbekistan – www.president.uz

Uzbekistan’s Legal Database – www.lex.uz

IT Park of Uzbekistan – https://it-park.uz

Cointelegraph.com – International crypto news

Ministry of Innovative Development – www.mininnovation.uz

Buxgalter.uz – Financial analysis and commentary

Gazeta.uz – National news outlet

National Scientific Portal of Uzbekistan – https://nsp.gov.uz/outinst?id=13

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How to Cite

THE STRATEGIC ROLE OF CRYPTOCURRENCIES IN THE DEVELOPMENT OF UZBEKISTAN’S FINANCIAL MARKET. (2025). International Journal of Artificial Intelligence, 5(06), 1815-1817. https://www.academicpublishers.org/journals/index.php/ijai/article/view/5517