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Will Morocco see a significant increase in cryptocurrency transactions by December 31, 2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Reports from financial institutions or cryptocurrency analytics firms
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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Similar markets
Positive impact • 25%
Negative impact • 25%
No significant impact • 25%
Uncertain impact • 25%
Bitcoin • 25%
Ethereum • 25%
Ripple • 25%
Other • 25%
Bank Al-Maghrib • 25%
Attijariwafa Bank • 25%
BMCE Bank of Africa • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Increase by over 20% • 25%
Decrease by over 20% • 25%
Remain stable (+/- 5%) • 25%
Fluctuate moderately (5%-20%) • 25%
Yes • 50%
No • 50%
