
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 UniversityAbstract
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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