Economic Sovereignty

Definition ∞ Economic Sovereignty pertains to a nation’s or individual’s capacity to control its own economic affairs, including currency, fiscal policy, and resource allocation, free from external interference. In the digital age, this concept extends to control over digital assets, data, and participation in decentralized financial systems. It represents the power to make independent decisions regarding financial systems and economic policy. The pursuit of this autonomy often shapes national financial strategies.
Context ∞ Discussions surrounding Economic Sovereignty are increasingly relevant in crypto news, particularly with the rise of decentralized currencies and blockchain technology, which offer alternatives to traditional financial systems. Governments are debating how digital assets impact their monetary control and national security. The potential for individuals to achieve greater financial independence through self-custody of digital assets also forms a significant part of this ongoing conversation.