LAUSR

This article explores the issues of legal regulation of investment agreements in the digital economy in a period of enhanced technology development. Economic and political imperatives are combined with technological innovation to drive the growth of the digital economy, with growth rates particularly high in developing countries. The strategy for this growth should be private sector driven, government driven, and reviewed by civil society and academia. Over the past decades, one of the most remarkable developments in international investment law has been the extraordinary increase in the number of agreements concluded regarding the protection or liberalization of foreign investment, where the investment regimes provided by States and the position of foreign investors play a special role. However, the foundations for these actions are missing with the definitions, concepts, and indicators of the digital economy, which is currently in quite a mess. The main purpose of the article is to reveal the essence of the digital economy, bilateral investment agreements, investment activities, crypto assets, as well as issues of improving the understanding of tokens and cryptocurrencies, including them in agreements from the point of view of the prospects for the development of the digital economy in accordance with the new adopted regulatory legal acts of the Republic of Uzbekistan.