2023-5-11 19:03 |
A 21-year-old French citizen has been sentenced to 18 months in prison and fined €3.4 million for using cryptocurrency, deemed illegal by Morocco, according to court records.
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Following the earthquake that struck Morocco on Sept. 8, Binance Charity shares their commitment to support those affected.
On June 22, authorities in Libya searched and arrested several individuals as part of their efforts to combat illegal crypto mining in the country
According to Abdellatif Jouahiri, the governor of Bank Al-Maghrib (BAM), a Moroccan draft crypto law that aims to shield people from the risks associated with cryptocurrency.
The bill, which should be introduced to public discussion in the following days, will legally define crypto in the fast-growing market.
Some companies are using blockchain technology to open up the logistics routes that COVID-19 has closed down.
While the Moroccan government has since placed a blanket ban on bitcoin (BTC) and other cryptocurrencies, residents are increasingly buying and trading these digital assets via peer-to-peer channels.