Economic Strategy

Economic Strategy

Designing a framework and strategic model for smart and active exposure to crypto values

Document Type : Original Article

Authors
Mohammad Reza Keshavarzi 1
Amir Hosein Mahdavi 2
mohsen rezaei sadrabadi 3
1 - Assistant Professor, Department of Fixed and Mobile Radio Communications, Communication and Information Technology Research Institute, Tehran, Iran.
2 - PhD student of Monetary Economics, Shahid Beheshti University, Tehran.
3 - PhD in Economic Sciences, Faculty of Islamic Studies and Economics, Imam Sadiq University (AS).
10.22034/es.2024.454674.1756
Abstract
Today the problem of dealing with crypto values based on distributed ledgers has become one of the main concerns of governments. In this research, with the analytical-descriptive method and the use of comparative studies, according to the approach of different countries, the design of the framework of strategic policies to deal intelligently with the phenomenon of cryptocurrencies in 4 areas and then the results of the research with the fuzzy Delphi method It was approved by a panel of experts. The results show that, firstly, in the field of providing the necessary energy for cryptocurrency mining, due to the energy imbalance, there is a suitable field for miners to invest in electricity supply from the construction site of renewable and combined cycle power plants, which can lead to the supply of domestic cryptocurrency demand. Secondly, in the field of exchange, an active regulatory strategy by applying positive and negative policies such as creating technical infrastructures for monitoring, controlling and monitoring cryptocurrency transactions, designing technical and security standards for exchange platforms to prevent user fraud and requiring exchange platforms to implement money laundering laws in the country is necessary. And it is necessary. Thirdly, regarding people's buying and selling and investing in the cryptocurrency market, active awareness and education policies are recommended in order to prevent phishing, fraud, and familiarization with the risks of this field. Fourth, in order to protect the position of the national currency in the settlement of economic transactions, the use of cryptocurrencies inside the country as a direct payment tool should be prohibited. Also, in order to use the international capacities of cryptocurrencies in the country's sanctions situation, it is recommended to use the mined cryptocurrencies for import and to provide infrastructure for the indirect payment of cryptocurrencies in the procurement of Iranian goods by tourists.
Keywords
Crypto values
Crypto money
Crypto asset
Mining
Exchange Platforms
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  • Receive Date 29 April 2024
  • Revise Date 13 November 2024
  • Accept Date 24 September 2024