{"id":143328,"date":"2024-11-26T14:08:56","date_gmt":"2024-11-26T12:08:56","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=143328"},"modified":"2024-11-26T14:12:27","modified_gmt":"2024-11-26T12:12:27","slug":"just-in-morocco-set-to-officially-legalize-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/just-in-morocco-set-to-officially-legalize-cryptocurrencies\/","title":{"rendered":"JUST IN: Morocco Set to Officially Legalize Cryptocurrencies"},"content":{"rendered":"<p>While cryptocurrencies have been officially prohibited in Morocco since 2017, their use continues in the country through underground channels, as citizens bypass the existing restrictions.<\/p>\n<p>During an international conference in Rabat, Jouahri <strong><a href=\"https:\/\/www.reuters.com\/technology\/morocco-preparing-law-allow-cryptocurrencies-central-bank-chief-says-2024-11-26\/\">revealed<\/a><\/strong> that the central bank, Bank Al Maghrib, is working on a draft law aimed at regulating crypto assets, which is currently under review for adoption.<\/p>\n<p>In addition, the bank is also looking into the possibility of introducing a central bank digital currency (CBDC).<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-bull-run-still-has-ways-to-go-despite-recent-correction\/\" title=\"Bitcoin Bull Run Still Has Ways to Go, Despite Recent Correction\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitcoin-leans-stack-wo-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Bull Run Still Has Ways to Go, Despite Recent Correction<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Jouahri explained that Morocco, like many other nations, is investigating the potential benefits of CBDCs, particularly their ability to support public policy goals, such as promoting financial inclusion.<\/p>\n<p>Unlike decentralized cryptocurrencies, a CBDC would be directly controlled by the central bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Morocco is in the process of drafting a new cryptocurrency regulation, according to Abdellatif Jouahri, the governor of the country\u2019s central bank.<\/p>\n","protected":false},"author":9,"featured_media":70928,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[25],"tags":[],"class_list":["post-143328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulations"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JUST IN: Morocco Set to Officially Legalize Cryptocurrencies<\/title>\n<meta name=\"description\" content=\"Morocco is in the process of drafting a new cryptocurrency regulation, according to Abdellatif Jouahri, the governor of the country\u2019s...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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