№ 60-3 (том 1): ОБРАЗОВАНИЕ И НАУКА В XXI ВЕКЕ, Март, 2025
Научно-образовательные статьи

CRYPTOCURRENCIES AND THE EVOLUTION OF MONETARY POLICY: CHALLENGES TO CENTRAL BANK SOVEREIGNTY AND FINANCIAL STABILITY

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  • Orazmuhamedov Dovlet,
  • Geldiyev Ylyas,
  • Gurbasyyev Bayram,
  • Halykberdiyev Rovshen
Orazmuhamedov Dovlet
Yagshygeldi Kakayev International oil and gas university of Turkmenistan
Geldiyev Ylyas
Yagshygeldi Kakayev International oil and gas university of Turkmenistan
Gurbasyyev Bayram
Yagshygeldi Kakayev International oil and gas university of Turkmenistan
Halykberdiyev Rovshen
Yagshygeldi Kakayev International oil and gas university of Turkmenistan

Опубликован 26.03.2025

Как цитировать

D. Orazmuhamedov, Y. Geldiyev, B. Gurbasyyev, & R. Halykberdiyev. (2025). CRYPTOCURRENCIES AND THE EVOLUTION OF MONETARY POLICY: CHALLENGES TO CENTRAL BANK SOVEREIGNTY AND FINANCIAL STABILITY. ОБРАЗОВАНИЕ И НАУКА В XXI ВЕКЕ, 60-3 (том 1). https://mpcareer-google.ru/index.php/journal/article/view/1308

Аннотация

The rise of cryptocurrencies has introduced significant challenges to traditional monetary policy, central bank sovereignty, and financial stability. This paper examines the evolving relationship between decentralized digital currencies and the established frameworks of monetary control. By analyzing the disruptive potential of cryptocurrencies, the study explores how these innovations undermine the ability of central banks to regulate money supply, manage inflation, and ensure economic stability. The research employs a mixed-methods approach, combining qualitative analysis of policy documents and quantitative assessment of cryptocurrency market dynamics.

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Библиографические ссылки

  1. Johnson, E. R., & Thompson, L. M. (2021). Cryptocurrencies and the future of monetary policy: Challenges and opportunities. New York, NY: Financial Economics Press.
  2. Anderson, K. S., & Martinez, R. D. (2020). Central bank digital currencies: A response to the rise of cryptocurrencies. Journal of Financial Innovation, 15(3), 45–67. https://doi.org/10.1016/j.jfi.2020.03.002
  3. Williams, A. J., & Carter, P. L. (2019). The impact of cryptocurrency volatility on financial stability. International Review of Economics & Finance, 62, 321–335. https://doi.org/10.1016/j.iref.2019.04.007