Volume 15 - Legal Innovation                   MLJ 2021, 15 - Legal Innovation: 863-878 | Back to browse issues page

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Norouzi M, Ahmadi A, Asadi H. Cryptocurrencies in the light of Figh and international law. MLJ 2021; 15 :863-878
URL: http://ijmedicallaw.ir/article-1-1444-en.html
1- Varamin Branch, Islamic Azad University, Varamin-Pishva, Iran
2- Department of Jurisprudence and Fundamentals of Islamic Law, Faculty of Literature and Humanities, Islamic Azad University, Varamin-Pishva, Iran
Abstract:  
Background and Aim: One of the most important aspects of human life that has been influenced by advances in science and technology is the e-commerce space. In this space, one of the important variables is the "payment process" and one of its important tools is the cryptocurrencies. The purpose of this study is to analyze the nature of cryptocurrencies from the perspective of the jurisprudence of the international legal system.
Materials and Methods: This research is of theoretical type and the research method is descriptive-analytical and the method of data collection is library and has been done by referring to documents, books and articles.
Results: Findings show that in the field of jurisprudence, considering the principles and rules of jurisprudence, there is no explicit prohibition regarding the permission to consider cryptocurrencies as an example of the concept of property and their transactions seem correct. On the other hand, in the field of international law, governments, and in particular the first economic powers, for various reasons, which have been reflected in numerous reports of international economic organizations such as the International Monetary Fund, the World Trade Organization, etc. The cryptocurrencies are viewed with skepticism.
Ethical considerations: In order to organize this research, while observing the authenticity of the texts, honesty and fidelity have been observed.
Conclusion: The results show that from the perspective of government jurisprudence, the use of cryptocurrencies has many challenges because cryptocurrencies lack national support. On the other hand, this issue has caused that in the field of international law, commercial-financial organizations are not willing to explicitly identify cryptocurrencies as money in the form of binding documents.

Cite this article as: Norouzi M, Ahmadi A, Asadi H. Cryptocurrencies in the light of Figh and international law. Medical Law Journal 2021; Legal Innovation.
Type of Study: Original Article |
Received: 2021/09/12 | Accepted: 2021/12/24

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