Legal Jurisprudential Foundations of Cryptocurrency with Investment Approach

In the mid-20th century, the theory of the world village was presented by Marshal McLuhan. McLuhan believed that the world would be surrounded by electronic technology and the borders would become a global village. But today, with the advent of a new form of electronic technologies such as blockchain and Cryptocurrency, the imagined changes in the world are facing a new meaning for McLuhan's theory.

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.

Ethical Considerations:

 In order to organize this research, while observing the authenticity of the texts, honesty and fidelity have been observed.

Blockchain is a modern technology of the present era, created by the maker of the so-called Internet of Things. Clearly Blockchain technology is an important platform for the production and diffusion of Cryptocurrency, which poses many legal challenges following its emergence in the field of communications. One of the key challenges of any emerging technology in the Iranian economy is the view of the Sharia regarding the legitimacy of that thing.

In addition to this Shariah's view of the nature of the Cryptocurrency, as money in the Islamic Republic's economic system, it is also very important. It is noteworthy that different views have been raised on the nature of digital currency, among which the author has accepted the view that a digital currency is money.