REGULATORY ASPECTS OF DIGITAL FINANCE: EU EXPERIENCE AND PROSPECTS FOR UZBEKISTAN
DOI:
https://doi.org/10.5281/zenodo.17418248Keywords:
digital fnance, regulation, MiCA, PSD2, AMLD, crypto assets, open banking, regulatory sandboxes, Uzbekistan, European Union.Abstract
Regulation of digital fnance can balance innovation and stability. MiCA, PSD2, and AMLD bring greatertransparency and competitiveness to the EU marketplace. Uzbekistan's structure is still nascent, existing in fragmentation
and with limited integration along global lines. Implementing unifed regulations, transaction monitoring, and open banking
will expedite the process. Incorporating EU-style licensing, regulatory sandboxes, and public-private partnerships will
spur growth. Uzbekistan will establish a sustainable digital fnance ecosystem with a flexible regulatory approach.
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