ضوابط قبول التعامل بالأموال الافتراضية

Abstract EN

The study dealt with the extent of permissibility of dealing with virtual money in the United Arab Emirates.

The study showed the concept of virtual money, its advantages, disadvantages and its history.

The study was applied in the form of Bitcoin as the virtual coin.

The study also dealt with the block chain system on which the Bitcoin is based upon.

The international community divided into three trends regarding the virtual money.

Some of them prohibited its use, some of them allowed that but the majority did not show any legal regulations but they only warned not to use it.

So the study dealt with that in a separate research showing the legal prospect of these virtual money.

Some people describe it to be money while others view it as only an article or a good.

The study also showed the ways how to control that virtual money.

The study makes comparison between the legal system in Emirates in in USA regarding these coins.

In the conclusion, the study mentioned some recommendations to the rationing of these virtual coins in light of the conclusion reached by international markets.