The potential and limitations of implementing central bank digital currencies in the Eurasian Economic Union countries

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Authors: Elizaveta Valentinovna Ogloblina, Вера Валентиновна Макарова
Cited by: 0
References: 10

Abstract

Subject. Institutional and technological prerequisites for the implementation of digital currencies, problems of maintaining financial sovereignty. Objectives. The article aims to evaluate the role of central bank digital currencies in promoting integration within the Eurasian Economic Union. Methods. For the study, we used comparative and systems analyses. Results. The article finds that a model of functional integration is being formed in the Eurasian Economic Union, based on the compatibility of digital currencies while maintaining the sovereign right of states to issue them. The key factors determining success in the process of implementing new payment methods within the Eurasian Economic Union are not any currency unification, but the alignment of operational rules, offline functionality, identification procedures, and ensuring cyber resilience. Conclusions. Central bank digital currencies can strengthen the resilience of the Eurasian Economic Union and ensure its strategic autonomy in the transforming global financial architecture.

Fields of Study & Subjects

Digital Transformation in Financial Services Blockchain Technology Applications and Security Global Political and Economic Relations

Publication details

Journal / source
Regional Economics Theory and Practice
Pages
56–56
Publication date
29 January 2026