Morocco to launch first legal crypto-assets framework with support from IMF, World Bank

Morocco to launch first legal crypto-assets framework with support from IMF, World Bank
Source: Getty Images 

Morocco is the latest to address crypto regulations as demand and adoption rise globally. Abdellatif Jouahri, the governor of the Central Bank of Morocco, announced a comprehensive framework for regulating cryptocurrencies at a press conference following the bank’s final council meeting for 2024. Morocco is emerging as a player in the global crypto market. Reports from 2023 ranked the country 13th worldwide in Bitcoin usage, and Chainalysis placed Morocco 20th in its global crypto adoption index.

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