Morocco CBDC

Research

Morocco

Central Bank(s)

Bank-Al-Maghrib

Announcement Year

2021

Status

Research

Retail/Wholesale

Retail

Main motivation/goals of the CBDC

BAM's new committee will seek to identify and analyse the advantages and drawbacks of CDBCs for the Moroccan economy.

Description

Morocco's central bank Bank-Al-Maghrib (BAM) has announced is investigating the benefits of launching a central bank digital currency (CBDCs

Link to announcement

thepaypers.com

Timeline

Last update: February 2021

February 2021

Status updated

Cancelled Research

Added data

Main motivation/goals of the CBDC: BAM's new committee will seek to identify and analyse the advantages and drawbacks of CDBCs for the Moroccan economy.

Updated data

Announcement Year: 2018 2021

Description: Morocco's foreign exchange authority has stated that the use of cryptocurrencies/digital currencies within the country can lead to penalties under existing rules. Morocco's central bank Bank-Al-Maghrib (BAM) has announced is investigating the benefits of launching a central bank digital currency (CBDCs

Link to announcement: thepaypers.com

July 2018

Status updated

None Cancelled

Added data

Announcement Year: 2018

Retail/Wholesale: Retail

Description: Morocco's foreign exchange authority has stated that the use of cryptocurrencies/digital currencies within the country can lead to penalties under existing rules.

Link to announcement: www.coindesk.com

Country / Region: Morocco

Central Bank(s): Bank-Al-Maghrib

News

No recent news found for this currency.