The world of digital currencies is considered one of the most important and prominent areas of research for scholars and students in order to understand the potential for issuing central digital currencies. This concern has puzzled many due to the widespread prevalence of encrypted virtual currencies that could negatively impact the international economic system and diminish the value of traditional money. Because cryptocurrencies are not subject to monetary authority, and they lack many characteristics and functions of money, this has led to differing opinions regarding their trading.

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