Morocco’s announcement that it intends to legalize Bitcoin and cryptocurrencies after banning them in 2017 represents a strategic shift in the country’s policy towards cryptocurrencies. This decision indicates a growing awareness of the economic potential offered by cryptocurrencies, both in terms of attracting foreign investment and enhancing financial innovation within the country. It also reflects Morocco’s awareness of the power of cryptocurrencies after major institutions and countries began adopting them as an essential part of their economic strategies. This decision also coincides with Bitcoin’s current rise to record levels, as it approaches the $100,000 barrier.