Cryptocurrency Jurisprudence Study

Cryptocurrency is a new thing that descended on this world, as it began to be very popular and in demand. It has been circulated among societies since the past year or shortly before, although its establishment was announced in 2009 by an unknown party that called itself “Satoshi Nakamoto”. The research problem lies in the emergence of these encrypted digital currencies the profit seekers hasten to acquire, promote, and sell them. The research attempts to answer six questions; Including: What is the truth about encrypted digital currencies? What is the current jurisprudential adaptation to it? This research aims to highlight its reality, the history of its emergence, its characteristics, and the provisions for dealing with it. on the descriptive analytical approach as well as the historical approach, and this research contains six demands; The first: what are the encrypted digital currencies, the second: is the importance of currencies in human life, the third: is the history of the emergence of encrypted digital currencies, the fourth: jurisprudential controls for the issuance of currencies, and the fifth: the characteristics of encrypted digital currencies. Sixth: the ruling on buying and selling digital currencies coded and, dealing with it, and these demands followed a conclusion that included its results, the most important of which are: currencies are the sovereign function of states, and encrypted digital currencies without state recognition is not valid relying on it because of the deception and dangers it entails, and Islam forbids that, and this ruling will be removed the adoption of countries for it, or at least the country of origin, and if its finances disappear, it is not correct to deal with it where it is correct dealing in paper currencies, and if its finance is proven, it is correct to deal with it, as it is correct to deal in paper currencies.