Following the rise in Bitcoin and cryptocurrencies, it is seen that global adoption is also seen. The North African country of #Morocco is also preparing to release cryptocurrencies again after the bans introduced in 2017. The relevant statement came from the head of the country's central bank. He also provided information when they started working on CBDCs in the institution's chamber.

In the US, Donald Trump's decision to not adopt a crypto-friendly policy has also begun to take action in other countries. Countries that do not want to be left behind in terms of cryptocurrencies are either taking steps or reversing their decisions to stay in the past.

Finally, preparations have begun in Morocco, where cryptocurrencies were banned in the North African country in 2017. The head of the country's central bank, Abdellatif Jouhari, stated that a bill has been prepared for the release and regulation of cryptocurrencies again.

CBDC is coming

Speaking at an international finance conference in Rabat, the central bank head said, “A bill has been prepared for the regulation of cryptocurrencies. We are also making preparations for the issuance of central bank digital money. “We are also discussing how much CBDCs can benefit public policies,” he said.

It is also known that in countries where cryptocurrencies were banned in 2017, this area has attracted great interest from the public and cryptocurrencies are bought and sold in decentralized exchanges despite the bans.

The policy that will be implemented in this regard is eagerly awaited by China, the world's 2nd largest economy. Cryptocurrencies were completely banned in China in 2021, but the country ranks 2nd in the world after the USA, especially in mining.

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