Morocco Nears Adoption of Legal Framework to Regulate Crypto Assets
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 19 2024Morocco's Crypto Regulation Initiative: The Governor of Bank Al-Maghrib, Abdellatif Jouahri, announced that Morocco is nearing the adoption of a legal framework to regulate crypto-assets, aiming to balance financial innovation with risk management in line with G20 recommendations.
Growth in Financial Markets: The initiative also includes addressing the growing secondary market for non-performing loans, which is expected to enhance banks' solvency and support the national economy, while public consultations are underway before final government approval.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
