CRYPTOCURRENCY AS A PHENOMENON IN THE MODERN ECONOMY

Received: 2026-05-23 07:30:00

Published: 2025-12-21

Abstract

The article considers cryptocurrency not as an "Internet coin", but as a combination of technologies, market practices and institutions that change the ways of issuing, circulation and accounting of value. The material is devoted to three topics: demand factor - institutionalization through exchange-traded funds and use in cross-border settlements, main risks - price volatility, operational disruptions, and external environmental impacts, regulatory responses - the EU MiCA system, and the Central Bank's interest in digital currencies.

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About the Authors

Khairullina I.
Akhmetshin B. R.

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How to Cite

[1]
Tretyakova S. et al. trans. 2025. CRYPTOCURRENCY AS A PHENOMENON IN THE MODERN ECONOMY. Uzbekistan Open Conference. 1 (Dec. 2025), 253–256. DOI:https://doi.org/10.57033/KFU.JRU-2025-00062.

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