مخاطر وتداعيات تداول العملات المشفرة على استقرار القطاع المالي 2021- خلال الفترة 2017

Risks and Repercussions of Cryptocurrency Deliberating on The Stability of The Financial Sector During the period 2017-2021

Résumé

This study aims to take note of some aspects of cryptocurrencies, by clarifying their concept
and types, then reviewing their most important advantages and benefits, the components of their
issuance system and the technology on which they are based, arriving at a statement of the risks
associated with their use, as well as raising the challenges they pose to local and international
financial regulatory authorities. After the technical analysis of the trading prices of the most
important cryptocurrencies and the follow-up of their development during the period 2017-2021,
the study concluded that their trading prices are highly volatile and may be affected by external
factors such as financial and political events, and trading on the margins raises financial risks,
although cryptocurrencies have several benefits. At the economic level and at the level of
individuals in light of the distinctive features that it enjoys, but there are many risks and challenges
it faces, which in total are considered a direct threat to the security and stability of the financial
system, which calls for the regulatory authorities to regulate or prohibit them.