Definition ∞ Financial sovereignty denotes a nation’s autonomous control over its monetary policy, currency issuance, and overall financial system without external interference. It encompasses the ability to manage economic stability, regulate financial institutions, and implement fiscal strategies independently. This concept is a fundamental aspect of national independence and economic self-determination. Maintaining financial sovereignty is a core objective for governments.
Context ∞ The rise of decentralized digital assets and the exploration of central bank digital currencies (CBDCs) introduce new dimensions to discussions about financial sovereignty. Nations assess how these innovations might affect their control over monetary supply, capital flows, and economic data. Debates often center on the balance between adopting new financial technologies and preserving national control over economic policy.
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