Morocco is about to welcome new cryptocurrency regulations! 🇲🇦 The Governor of the Central Bank of Morocco announced that the country is formulating a regulatory legal framework for crypto assets, with technical support from the International Monetary Fund and the World Bank. This initiative aims to balance regulation and innovation, ensuring that financial risks are effectively managed.

The new framework will be in line with the latest recommendations from the G20 and is currently in the public consultation stage, to be submitted to the government and parliament for approval in the future. Notably, Morocco ranks 20th in the global cryptocurrency adoption index, with Bitcoin usage also ranking 13th worldwide. With the introduction of new regulations, Morocco's crypto market may welcome new development opportunities. 📈