Tag Archives: Morocco

Morocco is set to become the first developing country with clear crypto regulations. It will also balance security, innovation, and financial growth. The Governor of Bank Al-Maghrib (BAM), Abdellatif Jouahri, recently shared that Morocco is close to adopting a legal framework for regulating crypto-assets. It seeks to first manage the use of crypto-assets and also encourage financial innovation. According to Jouahri, the framework was designed in line with G20 recommendations. At the same...

Moroccan authorities arrest five suspects for a crypto fraud case, targeting foreign citizens to steal and liquidate digital assets. Moroccan authorities have arrested five individuals for their alleged involvement in a cryptocurrency fraud scheme. The arrests were made in Salé earlier this week, following a complaint received through international law enforcement channels. The suspects range from 24 to 48 years old and are accused of conducting a phishing scheme that targeted foreign...