Phenomenon of Digital Money Between (Concept and Regulation)

Abstract

There is no doubt that money plays a major role in economic life by performing many functions where the most important one is financial mediation in exchanges whether local, regional or international. Therefore, money has witnessed a great development over time, starting from coins, passing through paper currency and ending with digital money. The main objective of this topic is the fact that this digital money exists and spreads significantly, which indicates their promising future in the absence of legislative regulation for them. So, knowing what different types of digital money are, their types, characteristics and reasons for their emergence is very important to determine their pros and cons.