Cryptocurrencies in the Iranian and American Legal Systems:

TL;DR: A descriptive legal comparison asking whether cryptocurrencies should be treated as money, financial assets, or different instruments requiring different policies.

About This Document

Seyed MohammadMahdi Ghamamy and MohammadReza Alipoor compare legal principles, monetary and banking rules, regulation, mining, international transactions, and anti-money-laundering concerns in Iran and the United States. The authors argue that cryptocurrencies do not all share one legal nature: some function more like financial assets and others more like money. The PDF comes from an Iranian economic-law journal and includes bilingual journal matter around the English article.

Why Bitcoin People May Care

The useful part is the collision between one technical label and two national legal systems. The paper shows why cryptocurrency policy cannot be reduced to legal or illegal and why classification affects banking, exchange, mining, taxation, and AML treatment. It is a 2022 academic analysis, not current legal advice for either country.

Document Details

• Title: Cryptocurrencies in the Iranian and American Legal Systems: A Comparative Study
• Author / organization: Seyed MohammadMahdi Ghamamy and MohammadReza Alipoor
• Year: 2022
• Language: English with Persian journal matter
• Document type: Comparative-law research paper
• Pages: 38

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