A New Stage of Legal Reform in the Conditions of the Digital Economy: From the Enclave of Digital Objects to Their Integration into General Circulation
DOI:
https://doi.org/10.59022/ujldp.625Keywords:
Legal Enclave, Integration of Digital Objects, Tokenized Securities, Special Legal Regime, EU Digital AcquisAbstract
This article tests the claim that the 2025–2026 reforms open a distinct new stage in Uzbekistan's legal regulation of the digital economy, and it identifies the defining feature of that stage. Crypto-assets, tokens, and crypto-exchanges received legal definitions as early as 2018–2022, yet they were placed inside a double legal enclave, excluded both from securities legislation and from currency-regulation rules. The defining feature of the new stage is not the appearance of digital objects but the shift from their isolation towards their integration into general economic and legal circulation. Using historical-legal periodization and a comparative reading of the national statutory corpus against the European Union digital acquis (the EU's body of digital legislation), the study proposes a three-element model of the integration stage: the legal regimes of data, of digital assets, and of platforms. The article contributes an original isolation-versus-integration criterion and a practical framework for the transition.
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Copyright (c) 2026 Uzbek Journal of Law and Digital Policy
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