Culmination of Law

Culmination of Law

A comparative study of the position of cryptocurrencies in Iranian law and international economic law

Document Type : Original Article

Authors
1 Assistant Professor, Department of Law, Faculty of Humanity, Bu- Ali Sina University, Hamedan, Iran.
2 Master of International Law, Civil and Development Higher Education Institute, Hamadan, Iran
10.22034/thdad.2024.2011767.2564
Abstract
In the last decade, with the advent of blockchain technology and digital currencies, cryptocurrencies emerged as an independent virtual currency in the global financial market. These cryptocurrencies, including Bitcoin, Ethereum, and Ripple, are used as an alternative to traditional currencies such as the dollar and euro. However, the legal and legal status of cryptocurrencies in Iranian law and international economic law is still an issue full of ambiguity. The purpose of this research is to investigate and evaluate the comparative position of cryptocurrencies in Iranian law and international economic law. This research, which was carried out in a descriptive-analytical and comparative way, has tried to answer the question, what are the different and common aspects of Iranian law and international economic law regarding cryptocurrencies? By using related sources and analyzing relevant laws and regulations, the results of this study show that currently, the legal status of cryptocurrencies in Iranian law and international economic law has not yet been fully determined. However, due to the increasing growth of the cryptocurrency market and international trade, the need to determine relevant laws and regulations is felt both at the level of Iran and at the global level. Examining the legal and legal obstacles shows that issues such as determining the rights and obligations of the parties, property rights and consumer rights require careful attention and consideration.
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