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Morocco To Legalise Bitcoin And Crypto, Says Central Bank Chief

Bitcoinist LogoBitcoinist12h ago

Morocco To Legalise Bitcoin And Crypto, Says Central Bank Chief - Bitcoinist

Quick Summary:

Morocco is poised to lift its long-standing ban on Bitcoin and cryptocurrencies, signaling a significant shift in the nation’s financial policy.

According to Reuters, Abdellatif Jouahri, the Governor of Bank Al-Maghrib (BAM), announced that a draft law regulating crypto assets is in the final stages of adoption.

Cryptocurrencies have been banned in Morocco since 2017 due to concerns over financial risks and market volatility.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 05:00:34 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 407 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23901985

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #105

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The story "Morocco To Legalise Bitcoin And Crypto, Says Central Bank Chief" has 407 words across 29 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Morocco To Legalise Bitcoin And Crypto, Says Central Bank Chief" was covered 12 hours ago by Bitcoinist, a news publisher based in Hungary.

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The outlet is headquartered in Hungary and publishes an average of 11 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/morocco-to-legalise-bitcoin-and-17326860443786

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