The Legal Position of Cryptocurrencies in Facilitating Trade in Sanctioned Countries

In the present era, technology is the factor that has most influenced the connection between countries and people across the globe, with changes occurring extremely rapidly. As international relations are facilitated, the fulfillment of nations' needs by one another and by international companies has naturally gained significant speed and momentum. The most important aspect of international relations is commercial communication, which has become a tool for countries to assist or oppose one another; this enmity has manifested in the form of sanctions. This article attempts to explain the role of blockchain technology in financial transactions and its utilization in cryptocurrency mining. Subsequently, the capabilities and advantages of using cryptocurrencies and their increasing role in international trade are discussed, and finally, it demonstrates how they can be applied to prevent the impact of sanctions and facilitate international trade.

کلیدواژه ها:

Blockchain ، Cryptocurrency ، International Trade ، Sanctions