The Governor of Bank Al-Maghrib (Morocco's central bank) Abdellatif Jouahri announced on Tuesday that his country will be among the first countries in the world to license cryptocurrencies.
During a press conference in the capital Rabat, Jouahri said: "The legal framework related to licensing cryptocurrencies has been completed," noting that the draft law regulating the use of these currencies "is now ready."
He added: "We will be among the first countries to regulate the use of cryptocurrencies, and provide a clear and precise framework for users and investors," without specifying an official date for submitting the draft to parliament to begin the process of discussing and voting on it
