Morocco publishes proposed rules to regulate cryptocurrency

The new rules establish a licensing regime for VASPs and bring them under the purview of BAM and AMMC

The new rules establish a licensing regime for VASPs and bring them under the purview of BAM and AMMC

BoG claims Yellow Pay is offering digital payment services, crypto trading, and stablecoin-based remittances without proper licensing.

Africa is seeing high crypto wallet adoption, but actual usage and value remain limited. Experts say economic realities, short-term utility and product gaps help explain the disconnect.

Previously, Stripe could only serve 46 countries. Now, the firm’s product is available in more than 100 countries excluding Africa’s big four.

The government believes individuals pay in crypto to avoid official channels.

Egypt, previously ranked as the fastest growing crypto economy worldwide, dropped out of the top 30, according to Chainalysis’ Geography of Cryptocurrency report for the MENA region.

Critics have labeled the act by the global cryptocurrency company as a publicity stunt to launder its embattled image.

There are concerns about the earthquake affecting the meetings in Marrakech since it is expected to bring a crowd of 10,000-15,000 people to the city.

Binance will airdrop $10 in BNB to active transacting users throughout Morocco, even if they reside outside the most affected areas.