DIGITAL CURRENCIES AND U.S. ECONOMIC POLICY

Authors

  • Saidbek Mamasoliev Graduate of California State University (BA) and the University of Denver (MA), USA. Current PhD student at Lincoln University, USA Author

Keywords:

The emergence of digital currencies marks a significant paradigm shift in the global financial landscape, compelling policymakers to reconsider traditional economic frameworks.

Abstract

The emergence of digital currencies presents a transformative shift in the landscape of U.S. economic policy. These currencies, exemplified by Bitcoin and other cryptocurrencies, leverage blockchain technology to facilitate trustless transactions, which could potentially revolutionize payment systems and financial stability. The findings indicate that the integration of cryptocurrencies into the financial system may pose significant regulatory challenges, as illustrated by the legal uncertainties cited in the research (Kiviat et al., 2015). Furthermore, the comparative analysis of Bitcoin demand across countries highlights a critical correlation between economic policies and the adoption of digital currencies, suggesting that these innovations could influence monetary stability and trade dynamics (Engy Mahmoud Helmy Awad, 2019).

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Published

2024-10-01