Cryptocurrency Analysis and News Portal
After a large earthquake hit Morocco causing at least 2,000 fatalities in Marrakech alone, Morocco’s fourth largest city, the cryptocurrency exchange Binance pledged millions in Binance Coin (BNB) as aid relief. According to an announcement on Sept. 11, a few days after the disaster struck, Binance said it will airdrop up
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Users who had verified their address details for Sept. 9 to show they live in Marrakesh-Safi province will each receive $100 worth of the token. Source
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A crypto user who purchased a luxury car with Bitcoin (BTC) faces 18 months in prison and a $3.7 million fine in Morocco, which still considers the use of crypto as an illegal act.A recent report by Euronews stated the Casablanca Court of Appeal had upheld the conviction of Thomas
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The Kingdom of Morocco may see its first crypto bill introduced “in the following days.” The document is already written by the Central Bank and will be discussed with the industry stakeholders. On Jan. 3, during the press conference, the Governor of Morocco’s Central Bank, Bank Al-Maghrib (BAM), Abdellatif Jouahiri announced
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A Moroccan draft crypto law, which seeks to protect individuals from the risks associated with crypto trading, is ready and will soon be presented to stakeholders, Abdellatif Jouahiri, the governor of Bank Al-Maghrib (BAM), has said. Adoption of crypto by Moroccan residents is now inevitable hence a regulatory framework is
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We TraiCon Events will be hosting Morocco’s premier fintech event titled as “Fintech Revolution Summit” supported by Union of Arab Banks scheduled on the 27th & 28th February 2023 at the Hotel Sofitel, Casablanca, Morocco. This forum will be attended by over top 300+ participants includes BFSI experts, fintech leaders,
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In the year 2021, Morocco, which previously announced measures restricting crypto trading, became North Africa’s leading crypto-trading nation after its peer-to-peer (P2P) trade volumes surged to $6 million. Morocco in Africa’s Top Four In 2021, Morocco’s peer-to-peer crypto trade volume of $6 million was enough to see it ranked North Africa’s
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Estimates from Triple A, a Singaporean cryptocurrency provider and aggregator, state that 0.9 million people, or roughly 2.4% of Morocco’s total population, currently own cryptocurrency. That puts the kingdom as the top country in North Africa and in the top 50 holders of cryptocurrency population percentage, just ahead of Portugal.Data from
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