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Morocco prepares the regulation of cryptocurrencies

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This article was automatically translated from HIBAPRESS, the Arabic version:

Hibapress

A bill relating to cryptocurrencies is being adopted in Morocco, Abdellatif Jouahri, Wali of Bank Al-Maghrib, announced on Tuesday.

During an international conference held in Rabat, he specified that the central bank had developed a legislative text aimed at regulating crypto-assets, now in the adoption phase.

Mr. Jouahri also discussed the ongoing study into the creation of a central bank digital currency (CBDC). “Like many countries, we are analyzing to what extent this new form of currency could support certain public policy objectives, particularly in terms of financial inclusion,” he underlined.

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