Measuring the capacity of using cryptocurrencies in the capital market in line with popular governance

Articles in Press

Document Type : Original Article

Authors
Morteza Zoqi 1
mehdi qazian 2
mohammad sadiq zoqi 3
1 university of tehran
2 Mehdi Ghazian. PhD student in Jurisprudence and Foundations of Islamic Law, Imam Sadiq University.
3 University of tehran
10.22034/jmek.2026.487498.1171
Abstract
This study aims to examine the capacities and challenges of utilizing cryptocurrencies in Iran's capital market and their impact on strengthening public governance. By analyzing credible domestic and international sources and financial data, this research evaluates the role of blockchain technology in enhancing transparency, reducing financial costs, and fostering public participation in economic decision-making.

Findings indicate that cryptocurrencies, with the development of clear regulations and appropriate infrastructure, can serve as effective tools for improving economic efficiency, facilitating access to investment opportunities, and reducing intermediary costs. Moreover, this technology has the potential to promote social equity by ensuring universal access to financial resources. However, major challenges such as high price volatility, the lack of a clear legal framework, and security concerns have been identified. Recommendations include providing public education, enhancing technological infrastructure, and fostering international cooperation to address these challenges.

Keywords

Subjects

Management, Economics and Entrepreneurship Studies

Articles in Press, Accepted Manuscript
Available Online from 15 February 2026

  • Receive Date 28 March 2025
  • Revise Date 23 December 2025
  • Accept Date 15 February 2026