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Morocco , Thursday 16 July 2026

Morocco preparing law to allow cryptocurrencies, central bank chief says

Published on: Monday 25 November 2024

Morocco preparing law to allow cryptocurrencies, central bank chief says A draft law on cryptocurrencies is undergoing the process of adoption in Morocco, the governor of its central bank, Abdellatif Jouahri, said on Tuesday. Cryptocurrencies have been banned in Morocco since 2017, but the public continues to use them underground, circumventing restrictions. The central bank, known as Bank Al Maghrib, "has prepared a draft law regulating crypto assets, which is currently in the adoption process," Jouahri told an international conference in Rabat.


News source: https://www.aol.com/news/morocco-preparing-law-allow-cryptocurrencies-112512669.html

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