This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from HIBAPRESS, the Arabic version:
Heba Press – Rabat
The governor of the Bank of Morocco, Abdellatif Jouahri, confirmed that Morocco will be among the first countries to legalize cryptocurrency trading.
Al-Jawahiri said during the press conference held on Tuesday evening that the legal framework related to licensing for cryptocurrencies was completed and ready.
He added that the law aims to codify this system while preserving the financial innovation that can result from it.
The governor of the Bank of Morocco stressed that this legal framework is consistent with the latest recommendations of the G20, and also takes into account the risks linked to these financial assets, noting that it was developed with the technical support of the International Monetary Fund and the World Bank, to achieve a balance between two main requirements: They must guarantee an organized and safe environment.
