Recognition of cryptocurrencies’ legal essence by structural analysis in legal system of Iran

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Khdeman Mahmud; Koosha Abootaleb; NOURI FATEMEH

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Journal Paper

Paper Information

Journal: THE JUDICIARY’S LAW JOURNAL Year:2021 | Volume:85 | Issue:115 Page(s): 349-372

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Information Journal Paper

Title

Recognition of cryptocurrencies’ legal essence by structural analysis in legal system of Iran

Author(s)

Khdeman Mahmud | Koosha Abootaleb | NOURI FATEMEH | Issue Writer Certificate

Keywords

CryptocurrencyQ1

Virtual CurrencyQ1

national cryptocurrenciesQ1

intangible propertyQ1

digital assetsQ2

CurrencyQ2

SecuritiesQ2

Abstract

Cryptocurrencies are a decentralized form of digital Currency which are presented with new technology identify the nature of cryptocurrencies are closely related to recognizing the technical structure of each of its types. Therefore, offering a unit nature in spite of various types are not possible and it is objectionable. Cryptocurrencies or species of intangible property or in case of extending of this concept to intangible property, it's considered as property which have customary and juridical pecuniary. Although cryptocurrencies theoretically and fundamentally have the functions of money but under monetary law as a Currency need to identified by governments. Some types of Currency codes such as national cryptocurrencies which created by countries they have this identification but other type, as long as they aren’ t recognized in laws, doesn't considered as money and they are just digital assets. Some types of Currency codes mean tokens that issued in the first coin presentation are matched with conception of Securities. In this regard, several resolutions have been issued as yet but majority of them are incomplete and out of bounds. Therefore, its essential for the country's legislative authorities to enter this field and prepare a comprehensive law.

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APA: Copy

Khdeman, Mahmud, Koosha, Abootaleb, & NOURI, FATEMEH. (2021). Recognition of cryptocurrencies’ legal essence by structural analysis in legal system of Iran. THE JUDICIARY’S LAW JOURNAL, 85(115 ), 349-372. SID. https://sid.ir/paper/414014/en

Vancouver: Copy

Khdeman Mahmud, Koosha Abootaleb, NOURI FATEMEH. Recognition of cryptocurrencies’ legal essence by structural analysis in legal system of Iran. THE JUDICIARY’S LAW JOURNAL[Internet]. 2021;85(115 ):349-372. Available from: https://sid.ir/paper/414014/en

IEEE: Copy

Mahmud Khdeman, Abootaleb Koosha, and FATEMEH NOURI, “Recognition of cryptocurrencies’ legal essence by structural analysis in legal system of Iran,” THE JUDICIARY’S LAW JOURNAL, vol. 85, no. 115 , pp. 349–372, 2021, [Online]. Available: https://sid.ir/paper/414014/en

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