Editorial

Editorial No. 5

Bitcoin is surging in the market again, but the actual game in the crypto world lies in the widespread adoption of crypto assets with various applications, provided they don’t lose their decentralized nature.

Bitcoin is again surging in the market, but the real game in the crypto world is not about price or market value. The main game is the widespread adoption of crypto assets with various applications, as long as they do not lose their decentralized essence. This condition is the focal point of all governance challenges and the primary reason for the publication of this monthly magazine.

In this issue, we’ve examined Turkey in detail. Reza Soltani’s article shows how Turkey, a country facing extremely high inflation and a severe decline in its national currency, uses cryptocurrencies to support national wealth and curb inflation. Cryptocurrencies and their trade are legal in Turkey, and capital gains taxes do not apply to holders of these assets.

In this issue, we’ve reported on two important specialized sessions on crypto regulation and its economic impact: the Kish INVEX panel and a specialized session at Imam Sadiq University. Various challenges were discussed in these sessions, and expert opinions from government and private sector stakeholders were shared.

If you are interested in Bitcoin’s nature and how its technical framework is managed, which greatly influences its performance, don’t miss Maral Koushki’s article “The War Over Bitcoin’s Nature,” which is based on the valuable book The Blocksize War.

Hossein Ghotbi has provided a report on SWCA or the alliance for crypto against U.S. federal regulators and institutions.

One of the hottest Web3 topics in recent weeks was Sam Altman’s dramatic resignation from OpenAI and his triumphant return to the company. Nafise Mahroughi vividly narrates the events surrounding Sam Altman’s story.

Web3 is the arena for the confrontation, integration, and synergy between artificial intelligence and blockchain. In her article, Shabnam Namazkar analyzes the path the world will take in Web3 from a future-oriented perspective.

The new law recently issued by the Central Bank of the Islamic Republic of Iran has raised ambiguities regarding crypto money and the extent of the bank’s regulatory authority over cryptocurrencies. Mohammad Hossein Khodami discusses crypto money and the Central Bank’s powers in a detailed note.

The tokenization of assets is one of the most significant applications of blockchain. In a fascinating article, Hossein Askari explains how the tokenization industry is a savior for dying economies.

In the final note of this issue, Sara Sadeghian comments on a tweet by Mostafa Ghamari Vafa, head of public relations at the Central Bank, about loans backed by cryptocurrency assets.

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