The central bank of Morocco is in the final phase to complete its crypto regulation framework.
Morocco is officially the Kingdom of Morocco and it is the westernmost country in the Maghreb region of North Africa. The expected population of Morocco is approx 36 million and 2.4% population is engaged in the crypto & blockchain industry as a trader and investors.
On 27 June, Bitcoin.com reported that Bank Al-Maghrib (BAM), the Central Bank of Morocco, is designing its unique framework to regulate the crypto industry and also is in talks with other global financial institutions to consult regarding the ongoing regulation development works.
Abdellatif Jouahri, the governor of BAM, reportedly said that they are taking help from International Monetary Fund (IMF) and the World Bank on specific benchmarks.
-----Cryptonews AD----->>>
Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at . https://www.bybit.com/invite?ref=PAR8BE
<<<-----Cryptonews AD-----
It is worth noting that, IMF is an international agency that remains at the front end to support precise regulation of the crypto industry but always criticized those efforts, which were legalizing Bitcoin use as currency.
In particular, IMF requested El Salvador to drop the Bitcoin legal tender status as Currency to a legal asset. In response, El Government officials clearly said that country will never suspend bitcoin from its legal position as currency.
According to available reports, Morocco will not consider any kind of highly restricted framework, instead, it will introduce a framework to allow the crypto & blockchain industry to evolve perfectly.
Earlier this, BAM’s governor Abdul Latif Al Jawhari passed his comment regarding the future possible chances to bring regulation to the crypto Industry. However, his statement was not much clear whether he was in favor of crypto but hints that crypto will not be banned by the country.
At that time BAM governor said:
“Currently, we cannot adopt cryptocurrencies given the lack of regulatory and legislative frameworks both nationally and internationally. The G20 and many countries stress the importance of having a crypto regulatory framework as well as a regulatory framework for CBDCs (Central Bank Digital Currencies).”
Read also: Bitcoin is a commodity, says SEC Chairman
Morocco is in talk with IMF for its crypto regulation framework development
https://bitcoinik.com/morocco-is-in-talk-with-imf-for-its-crypto-regulation-framework-development/feed/
https://bitcoinik.com/morocco-is-in-talk-with-imf-for-its-crypto-regulation-framework-development/feed/
Buy bitcoin and other cryptocurrencies on crypto exchanges: Binance Coinbase Kraken Bitfinex
EXPLOSIVE LTD is an investment company specializing in financial market trading. Our preferred market is commodities: EXPLOSIVE LTD have developed accurate expertise in trading gold, silver, crude oil, natural gas.
🔥 Explosive-X
Signup link: https://explosive-x.io/?ref=devplus
Started: 01/06/2022
💰 Investment Plans: 4% daily for 25 days (principal return end of the cycle)
Cancel Deposit after 24 hours with a 15% fee
Withdrawal: Manual (Max 12 hours)
📥 Minimal deposit: $10 – Maximum deposit: $50.000
📥 Minimal withdraw: PM $1 , BTC $10 ,LTC $5 ,ETH $20
XRP $5 ,DOGE $5 ,USDT ERC20 $20 ,TRX $5 ,XLM $5
USDT (TRC20 BEP20) $5 , USDT TRC20 5$ , BNB $5 ,BCH $5
🤝 Referral program: 6% – 2%
Career Bonus:
$1000 Direct active referrals: $40 Bonus
$2500 Direct active referrals: $100 Bonus
$5000 Direct active referrals: $250 Bonus
$15,000 Direct active referrals: $600 Bonus
$50000 Direct active referrals: $2500 Bonus
Sign Up : https://explosive-x.io/?ref=devplus
—————————————————————————————————————-
How hard will you work for an extra reward?
Share your invitation link and your wallet screenshot of the TRX withdrawal on the Telegram group and FacebookTelegram: 500 or more group membersFacebook: 100,000 or more group membersScreenshot to confirm whether you shared it with the group/channel with Gem-TRX
website link.reward: 100TRX 
One account per group/channelMinimum 5 groups /channels to participate per entryPosting must be at least 24hours to the group/channelPhotographic evidence of the event requirement
Cheating is not permitted and will result in immediate disqualification.
VIP 1 – 100TRX VIP 2 – 200TRX VIP 3 – 1000TRX VIP 4 – 5000TRX SVIP – 10000TRX https://gem-trx.com/share?code=1590607❌Warning:❌
Investing in cryptocurrency carries a high level of risk.
————————————————————————————————————————-
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨
Brand new mining Platform machine
rental very easy to use! ✅
🟢Minimum deposit : 10 usdt
🟢Minimum withdraw : 10 usdt
Referral invite:
Line1: 11%
Line2: 8%
Line3: 6%
Registration link:
base.siteminingzone.com/siteMining/register?referralCode=159686
❌Warning:❌
Investing in cryptocurrency carries a high level of risk.
Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.
