محسن جعفریان

The emergence of cryptocurrencies in recent years presents a novel phenomenon in digital economics, offering both opportunities and challenges for nations. The main aim of this study was to examine the challenges of cryptocurrency development, with a specific focus on the contents of the Popular Government’s Transformation Document. This research is applied in purpose and descriptive in nature, utilizing a field-based questionnaire for data collection. In the initial phase, challenges were identified through conducting library research, specifically leveraging the Transformation Document. Subsequently, these challenges were evaluated by experts using the Analytic Hierarchy Process (AHP), and ultimately ranked with the aid of Expert Choice software. The findings, validated by a strong inconsistency rate of 0.06, revealed that the weakness in macro-management of cryptocurrencies holds the first rank among the main challenges, with a coefficient of 0.429. Conversely, the increasing share of hidden mining in the country’s cryptocurrency production market ranks last, with a coefficient of 0.114. Given these results, policymakers must prioritize the immediate establishment of a unified and powerful command structure, coupled with a clear clarification of responsibilities. Simultaneously, core strategies must integrate the protection of small capital and safeguarding public trust in the financial system to effectively mitigate social risks and ensure financial stability.