To date, there has been no official announcement from the Moroccan authorities allowing the trading of cryptocurrencies. In 2017, the Moroccan authorities banned the use of cryptocurrencies, warning of the risks associated with them.
Most recently, in November 2024, the Governor of Bank Al-Maghrib, Abdellatif Jouahri, announced that the central bank is in the process of adopting a draft law to regulate crypto-assets, after preparing it with the participation of all stakeholders.
This suggests that Morocco is planning to regulate the use of cryptocurrencies rather than allowing them to be freely traded.
