Morocco aims to regulate the use of crypto assets without hindering innovation in the crypto ecosystem. Legal Framework for Crypto Nears Adoption in Morocco A legislative framework governing crypto assets in Morocco is almost ready for adoption, according to Abdellatif Jouahri, the governor of Morocco’s central bank, Bank Al-Maghrib (BAM). This framework seeks to promote […]
Morocco Cracks Down on Crypto Crime: 5 Arrested in Phishing Scam
Moroccan authorities arrested five people suspected of running a cryptocurrency phishing scam. Email Phishing Scam Moroccan authorities have arrested and detained five individuals suspected of involvement in a cryptocurrency fraud operation. Police also recovered an unspecified amount of money allegedly linked to the scheme, as well as mobile devices used in the crimes. According to […]
Report: Binance’s Decision to Airdrop $3 Million to Morocco Earthquake Victims via BNB Token Criticized
Cryptocurrency exchange Binance has been criticized for pledging to help victims of Morocco’s devastating earthquake by airdropping its native crypto token. According to Action on Armed Violence’s Iain Overton, people affected by the earthquake are only interested in getting immediate assistance and not crypto. Binance Accused of Using Devastation to Prop Up Its Image …
Morocco Denies South Africa’s Claim That It Has Applied to Join BRICS: Report
Morocco has reportedly denied the claim made by South Africa, the host of the BRICS summit this year, that it has formally applied to join the economic bloc. According to South African officials, over 40 countries are interested in joining the BRICS group, including 23 nations that have formally applied. Morocco Maintains Good Relations With […]