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Morocco transitions from banning to embracing cryptocurrencies for financial growth

Shift from ban to regulation: In a significant change, Morocco is moving from a total ban on cryptocurrencies established in 2017. The Bank Al-Maghrib is drafting regulations that will help integrate these digital assets into the economy, fostering trust and security.

Enhancing financial inclusion: With over 42% of Moroccans unbanked, adopting cryptocurrencies could provide many citizens with accessible savings and investment options. This move positions Morocco among top countries for crypto adoption, highlighting the growing demand for digital currencies.

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