The Regulation of Virtual Cryptocurrency Trading vs. Complete Ban

A Comparative Analysis and the Impact of Financial Oversight

Authors

  • Assist. Prof. Dr. Eslam Fakher Faculty of Economics and Social Sciences, Shahid Chamran University of Ahvaz, Ahvaz, Iran.
  • Associate Professor Sara Mohammadi Faculty of Economics and Social Sciences, Shahid Chamran University of Ahvaz, Ahvaz, Iran.
  • Majed Mahmood Dawood Faculty of Economics and Social Sciences, Shahid Chamran University of Ahvaz, Ahvaz, Iran.

DOI:

https://doi.org/10.34093/egh5gs40

Keywords:

Blockchain, Digital Currency, Cryptocurrency, Bitcoin, Monetary policy, Fiscal Control

Abstract

 This study deals with the phenomenon of Cryptocurrency after their importance in the field of financial investment has increased, and their impact on the global financial system and monetary policies has worsened from central banks and regulatory and supervisory organisations in the Arab countries, as well as evaluating and analyzing the positions of Arab countries on these currencies, and the efforts of some Arab countries to issue central digital currencies as a significant alternative to Cryptocurrency. The study also contains a trade-off based on objective grounds between the two options of regulation and prohibition of these currencies at the level of Arab countries.

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Published

2025-06-30

Issue

Vol. 20 No. 71 (2025): Vol. 20 No. 71 (2025): Journal of Accounting and Financial Studies

Section

Paper research

License

The copyright is transferred to the journal when the researcher is notified of the acceptance of his research submitted for publication in the journal.

How to Cite

The Regulation of Virtual Cryptocurrency Trading vs. Complete Ban: A Comparative Analysis and the Impact of Financial Oversight. (2025). Journal of Accounting and Financial Studies ( JAFS ), 20(71), 275-249. https://doi.org/10.34093/egh5gs40