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Morocco’s 6 million crypto users push government to ditch futile ban


Morocco’s 6 million crypto users push government to ditch futile ban

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16% of Morocco's population now uses crypto despite a decade-old ban; recent growth and scrutiny have prompted the government to prepare to abandon full restrictions in favor of formal regulation. The move from prohibition to oversight could provide legal clarity, boost crypto adoption, and enable regulated CEX/DeFi activity and token use, though regulatory scrutiny and transition risk remain near-term.

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Crypto adoption in Morocco has reached 16% of its population despite a decade-old ban on transactions with digital assets and recently increased scrutiny. The growing popularity of coins among Moroccans seems to have finally convinced their government to prepare to abandon full restrictions in favor of regulation. Proper oversight may replace ineffective prohibition The use...
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