Morocco's central bank governor announces draft crypto regulation underway

Morocco is preparing to regulate cryptocurrency assets, marking a shift from its 2017 ban on crypto use, according to Watcher.Guru. Abdellatif Jouahri, governor of the Central Bank of Morocco (Bank Al-Maghrib), announced at an international conference in Rabat that a draft law for systematic cryptocurrency adoption is currently in the adoption process. This move reflects Morocco’s willingness to embrace the evolving global cryptocurrency landscape.