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Government regulation in combating money laundering through cryptocurrency: a comparative study of the legal system of the Islamic Republic of Iran and Italy

Articles in Press

Document Type : Article

Authors

1 Prof., Department of Public Law, Faculty of Law and Political Science, University of Tehran, Tehran, Iran

2 Ph.D. student in Public Law, Faculty of Law and Political Science, University of Tehran, Tehran, Iran

10.22059/jplsq.2023.357301.3290

Abstract

Cryptocurrencies have been presented as a destructive and resistant technology against the government's rule since its launch. The lack of uniform international standards leaves room for interpretation by the ruling agents in the field of cryptocurrencies; As a result, most of the attention of the governing institutions is focused on the potential blocking of cryptocurrencies, but with the increasing progress of the world towards the smart economy, the government needs to change its position from the policy of restriction to the policy of regulation and legislation and to strengthen its supervisory perspectives in the field of cryptocurrency. The question is, how should government regulation and related legal requirements be applied in the field of money laundering of cryptocurrencies and reducing their destructive nature? Authentication of clients to buy cryptocurrency, creation of a regulatory and supervisory organization, registration of all contract-based cryptocurrency transfers, etc. are among the answers to this question. This article aims to determine the appropriate framework for regulation in the field of combating money laundering through cryptocurrency, using a descriptive analytical method and using library resources in the Islamic Republic with regard to the Italian government's strategy in this field.

Keywords

Main Subjects

References

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Public Law Studies Quarterly

Articles in Press, Accepted Manuscript
Available Online from 22 December 2025
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History
  • Receive Date: 02 April 2023
  • Revise Date: 18 September 2023
  • Accept Date: 23 December 2023
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