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Moroccan Central Bank Completes Draft Cryptocurrency Legislation

Summary: According to reports from Zhitong Finance, the Governor of the Moroccan Central Bank announced at a meeting of African central banks in Rabat that Morocco has finalized a draft legislation that will legalize the use of cryptocurrencies. This law aims to ensure 'full protection for consumers and investors, strengthen market integrity, combat fraud, manipulation, money ...

According to reports from Zhitong Finance, the Governor of the Moroccan Central Bank announced at a meeting of African central banks in Rabat that Morocco has finalized a draft legislation that will legalize the use of cryptocurrencies. This law aims to ensure 'full protection for consumers and investors, strengthen market integrity, combat fraud, manipulation, money laundering, terrorist financing, and maintain financial stability'.

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