{"id":5024,"date":"2026-02-01T10:43:40","date_gmt":"2026-02-01T10:43:40","guid":{"rendered":"https:\/\/interfinance.tsue.uz\/?p=5024"},"modified":"2026-01-29T11:45:20","modified_gmt":"2026-01-29T11:45:20","slug":"international-experiences-in-digital-currency-systems-for-central-asian-countries","status":"publish","type":"post","link":"https:\/\/interfinance.tsue.uz\/?p=5024","title":{"rendered":"INTERNATIONAL EXPERIENCES IN DIGITAL CURRENCY SYSTEMS FOR CENTRAL ASIAN COUNTRIES"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong><em>Meyliyev Obid Rakhmatullayevich<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Professor of Tashkent State University of Economics,<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Doctor of Economic Sciences (DSc),<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Tashkent, Uzbekistan. Email:<\/em><em> <\/em><em>meyliev.obid0905@gmail.com<\/em><em><\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>ORCID:0000-0002-8586-8858<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Gofurova Kamola<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Student of the Faculty of Finance,<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Tashkent State University of Economics<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Tashkent, Uzbekistan. Email:<\/em><em> <\/em><em>gofurovakamola4@gmail.com<\/em><em><\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>ORCID:<\/em><em> <\/em><em>0009-0002-4043-5132<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Abstract.<\/em><\/strong><em> This article examines the impact of a Central Bank Digital Currency (CBDC) system on financial stability. The main focus of the article is to analyze the regional situation by comparing the financial stability of Central Asian countries and to draw inspiration from the experience of countries that have developed digital currencies and potential risks in their implementation, experiences in other countries in the region, and a comparative analysis. In this regard, it is proposed to use advanced CBDC projects such as China (e-CNY) and Sweden (e-krona) as models for Central Asian countries (e.g., Uzbekistan, Kazakhstan). Empirical evidence is provided based on statistical and descriptive data.<\/em> <em>Policy recommendations are provided to ensure financial stability and cybersecurity in regional cooperation and the implementation of digital currencies.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Keywords:<\/em><\/strong><em> Central bank digital currency (CBDC), financial stability, Central Asian countries, e-CNY, e-krona, digital payment system, inflation control, cybersecurity.<\/em><\/p>\n\n\n\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\" hidden class=\"wp-block-file__embed\" data=\"https:\/\/interfinance.tsue.uz\/wp-content\/uploads\/2026\/02\/1Meyliyev-Obid-2.pdf\" type=\"application\/pdf\" style=\"width:100%;height:600px\" aria-label=\"Embed of 1+Meyliyev Obid.\"><\/object><a id=\"wp-block-file--media-ab19b4fd-f510-4421-a3a6-04c23ca37594\" href=\"https:\/\/interfinance.tsue.uz\/wp-content\/uploads\/2026\/02\/1Meyliyev-Obid-2.pdf\">1+Meyliyev Obid<\/a><a href=\"https:\/\/interfinance.tsue.uz\/wp-content\/uploads\/2026\/02\/1Meyliyev-Obid-2.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-ab19b4fd-f510-4421-a3a6-04c23ca37594\">Download<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Meyliyev Obid Rakhmatullayevich Professor of Tashkent State University of Economics, Doctor of Economic Sciences (DSc), Tashkent, Uzbekistan. Email: meyliev.obid0905@gmail.com ORCID:0000-0002-8586-8858 Gofurova Kamola Student of the Faculty of Finance, Tashkent State University of Economics Tashkent, Uzbekistan. Email: gofurovakamola4@gmail.com ORCID: 0009-0002-4043-5132 Abstract. <a href=\"https:\/\/interfinance.tsue.uz\/?p=5024\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[],"class_list":["post-5024","post","type-post","status-publish","format-standard","hentry","category-2026-1-issue-1-6"],"_links":{"self":[{"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=\/wp\/v2\/posts\/5024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5024"}],"version-history":[{"count":2,"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=\/wp\/v2\/posts\/5024\/revisions"}],"predecessor-version":[{"id":5027,"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=\/wp\/v2\/posts\/5024\/revisions\/5027"}],"wp:attachment":[{"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}