Morocco is preparing a new law to regulate cryptocurrencies, signaling a potential end to the ban that has been in place since 2017. According to a Reuters report on Tuesday, Abdellatif Jouahri, governor of Morocco’s central bank, Bank Al Maghrib, announced at an international conference in Rabat that the institution is also exploring the potential of a central bank digital currency (CBDC). The proposed law seeks to create a regulatory framework for integrating cryptocurrencies into Morocco’s financial system. While Morocco advances its regulatory framework, cautious approaches toward CBDCs can be seen elsewhere.
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