أثر العملات الافتراضية على الأزمات في الأسواق المالية

Abstract EN

The digital currencies are a big revolution financial technology.

But maybe it has crucial consequences on the financial markets for a long range.

It can change the economic and financial structure and change the operating way of the financial institutions and time.

There are many types of virtual currencies like bitcoin which is the most common traded.

It is a contemporary form of trading the private money, because of its technological features.

The global transaction networks are relatively safe and fast.

This gives them new field for development.

However, it is unlikely to defy the dominant position of sovereign currencies and central banks, especially those in major currency areas.

As with other innovations, virtual currencies are a challenge for financial regulators, particularly because of the anonymity of their issuers and because they are a crossborder financial asset