#بنك Morocco

The Governor of the Bank of Morocco, Abdellatif Jouahri, revealed today, Tuesday, that the regulatory framework (draft law) to govern cryptocurrencies is “ready”, stressing that “the central bank has fulfilled its promise in this regard and has worked jointly with various parties and stakeholders concerned”, while refraining from “mentioning its broad outlines”.

Jouahri said, in a press conference following the Bank’s Board meeting on Tuesday evening: “The legal text is currently available and we are working on preparing its implementing texts. It is supposed to be the subject of discussion and analysis”, highlighting that “it was prepared with joint technical assistance from the International Monetary Fund and the World Bank, and with the participation of all parties and relevant ministries”.