Cryptocurrencies and their Relationship to the Digital Economy

  • Zahraa Salih Al-Hadba University college (Iraq)
  • Eman Almoola Al-Hadba University college (Iraq)
  • Alaa Alnmurat Department of Educational Planning / Ministry of Education (Jordan)
Keywords: Cryptocurrencies, Bitcoin, Digital Economy, Internet Economy, Digital Currency


The research aims to demonstrate the relationship between cryptocurrencies, especially Bitcoin, being the first digital currencies that were invested and traded in the world and the digital economy. As the relationship and impact between the market value of Bitcoin was explained by some indicators of the digital economy represented by the number of Internet users, the number of users of the Bitcoin account, per capita global income, and the global gross domestic product for the period (2010-2017). Digital, and data was used all over the world due to lack of access to data in some countries, whether developed, emerging or developing. And by using the statistical program Mintiab, the results of the simple regression analysis showed first: The results of the analysis show that the market value of Bitcoin has a significant impact on the indicators of the digital economy. Second: Investing and dealing in Bitcoin generates new and good income for those dealing with it, and thus increases the GDP for the individual. As for the most important proposals that the research reached, it is the necessity of establishing international and local legal legislations on the circulation of cryptocurrencies.


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How to Cite
Salih, Z., Almoola, E., & Alnmurat, A. (2021). Cryptocurrencies and their Relationship to the Digital Economy. Roa Iktissadia Review, 11(1), 83-93. Retrieved from