Morocco central bank to legalize all cryptocurrencies: Report

More countries are preparing crypto regulatory frameworks inspired by Europe’s upcoming MiCA regulations.

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Morocco reportedly plans to legalize all cryptocurrencies after the country banned digital assets in 2017.

According to Reuters, Morocco’s central bank, Bank Al-Maghrib, has prepared a draft law for cryptocurrency regulation, which is currently being reviewed.

The plan was revealed by Abdellatif Jouahri, governor of the Moroccan central bank, who told Reuters that the central bank has “prepared a draft law regulating crypto assets, which is currently in the adoption process.”

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