As someone who spent years inside the central banking system, leading inspections and building early-warning models in collaboration with the European Central Bank, I have seen firsthand how fragile public trust in financial institutions can be—and how difficult it is to restore once broken. One of the most promising tools emerging today for shoring up that trust and reinforcing financial stability in developing economies is the Central Bank Digital Currency, or CBDC. From Abuja to Abu Dhabi, central banks are increasingly exploring the potential of digital legal tender. The motivation is not just to keep pace with innovation but to…
Author: Ismatjon Hoshimov, Head Inspector at Regional Department of the National Bank of Tajikistan in Khujand
Author
Ismatjon Hoshimov, Head Inspector at Regional Department of the National Bank of Tajikistan in Khujand
Ismatjon Hoshimov is a financial examiner and policy researcher specializing in banking supervision, risk modeling, and regulatory innovation. He previously worked with the National Bank of Tajikistan and the European Central Bank. He holds a Master of Science in International Cooperation Policy from Ritsumeikan Asia Pacific University, Japan.