Subject. The mechanism of digital financial assets (DFAs) for financing socioeconomic development projects of public-law entities. Objectives. To assess the potential of using digital financial assets in financing projects aimed at addressing strategic state objectives. Methods. A systems approach was applied, incorporating methods of theoretical analysis, best practice research, synthesis, and institutional analysis. Results. It has been established that a key issue receiving insufficient attention is the lack of research on the use of digital financial assets as instruments for financing development strategy initiatives of public-law entities. This gap is linked to the current legislative framework. However, technological singularity will inevitably lead to the rising relevance of this issue and the need to study the challenges of using DFAs to finance strategic state objectives. Conclusions and Relevance. The prospects for issuing DFAs as a tool for financing strategic development projects of public-law entities are tied to amendments in budget legislation. The potential of DFAs is considerable: their use would diversify the financing structure and unlock new funding sources for strategically important programmes and projects. The findings can be used by the Ministry of Finance of the Russian Federation when developing a roadmap for integrating DFAs into practice and amending the current budget legislation. They may also be valuable for researchers studying the DFA market and for educators teaching relevant disciplines.
Keywords: digital financial assets, digital economy, public-law entities, financial instruments, financial strategies
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