Cryptocurrency as a means of payment: experience of circulation in the Kyrgyz Republic

Автор: Abdukadyrova G.T., Alymbaeva J.K., Alibaeva D.K.

Журнал: Экономика и бизнес: теория и практика @economyandbusiness

Статья в выпуске: 9-2 (115), 2024 года.

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In recent years, cryptocurrencies have become increasingly important as alternative means of payment, offering new opportunities for financial transactions and economic development. The Kyrgyz Republic, seeking to integrate into the global digital economy, considers the introduction of cryptocurrencies as a way to increase financial inclusion and stimulate innovation. This article conducts a comprehensive analysis of the experience of implementing cryptocurrencies in Kyrgyzstan, evaluates the current legislative framework, compares it with international practices, identifies current problems and offers recommendations for the successful integration of cryptocurrencies into the country's economic system.

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Cryptocurrency, blockchain, financial inclusion, legislation, cryptocurrency regulation, cybersecurity

Короткий адрес: https://sciup.org/170206801

IDR: 170206801   |   DOI: 10.24412/2411-0450-2024-9-2-22-26

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