HOW DIGITAL CURRENCIES ARE IMPACTING TRADITIONAL BANKING SYSTEMS AND THE GLOBAL ECONOMY

Authors

  • Ro’ziboyeva Muslima Student of the Faculty of Economics Samarkand Institute of Economics and Service
  • Asrorov Azizbek Isomiddin o‘g‘li Research Advisor, Independent Applicant for the Kimyo International University in Tashkent

Keywords:

Digital currencies, traditional banking systems, central bank engagement, technological disruptions, security imperatives, regulatory frameworks, market volatility, blockchain technology.

Abstract

This study rigorously examines the economic dynamics instigated by the proliferation of digital currencies, probing their intricate implications for traditional banking infrastructures and the overarching global economic paradigm. Employing advanced economic and academic lexicon, our analysis dissects the technological disruptions precipitated by digital currencies, elucidates their catalytic role in engendering financial inclusion, and scrutinizes the nuanced evolution of central bank engagement.

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Published

2024-03-22

Issue

Vol. 22 (2024)

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

HOW DIGITAL CURRENCIES ARE IMPACTING TRADITIONAL BANKING SYSTEMS AND THE GLOBAL ECONOMY. (2024). American Journal of Business Management, Economics and Banking, 22, 117-119. https://americanjournal.org/index.php/ajbmeb/article/view/1945