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Which body will regulate cryptocurrencies in Morocco by the end of 2025?
2
Resolution / Starting Odds
Bank Al-Maghrib • 25%
Ministry of Finance • 25%
A new regulatory body • 25%
Other existing government entity • 25%
Official announcements from the Moroccan government or Bank Al-Maghrib
Story
Morocco to Legalize Cryptocurrencies After 2017 Ban, Says Central Bank Chief Abdellatif Jouahri
Nov 26, 2024, 12:45 PM
Morocco is preparing to lift its 2017 ban on cryptocurrencies and legalize digital assets, according to Abdellatif Jouahri, the governor of the central bank, Bank Al-Maghrib. Jouahri announced on November 26, 2024, at a conference in Rabat, that a draft law to regulate cryptocurrencies is ready and undergoing review, Reuters reported. Despite the ban, underground use of cryptocurrencies has persisted in the country. The move signals a significant shift in Morocco's stance towards digital assets.
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