The article discusses how the digital transformation of the economy affects the financial system. It explores changes in the structure of the financial system and the impact of digitalization on public finances, company finances, and household finances. The study identifies imbalances in the financial system, such as budget deficits and a lack of long-term financial assets. It also highlights the emergence of new financial entities like technological platforms. The research emphasizes the importance of state financial regulation in maintaining the stability of the financial system during digital transformation.