One of the new questions in the field of international trade is whether it is possible to fulfill the commitment of one of the parties, which is often in the form of payment, in the form of "cryptocurrency"? This means that, for example, instead of paying through a valid or agreed upon currency (such as dollars or euros), cryptocurrency payments (such as Bitcoin or Tether, etc.) should be used.
The answer to this question cannot be negative, but it is currently facing many and sometimes serious challenges. On the one hand, considering the freedom of trade, the market economy and the freedom of citizens in the shadow of the globalization of trade, payment through cryptocurrency should not be prohibited and On the other hand, the impossibility of government supervision, the lack of a globally responsible or supportive center for cryptocurrencies, the ambiguity of their nature and safety and security challenges, and the difficulty of proving payment or non-payment through cryptocurrency, along with issues such as criminal use of Cryptocurrency for money laundering, terrorist financing, etc., has made it possible to pay through crypto-currency with serious challenges.
This article, after examining these issues and challenges, based on studies and taking into account the realities and approach of governments, presents practical solutions regarding payment with cryptocurrency in international trade.