Moroccans are enthusiastic about Krypto. According to the French broker, Huslichenafe had a whopping 6 million people – about 16% of the population – cryptocurrencies in 2024. This is an increase of 60% in just five years, with 2.5 million new owners jumping on board since 2019.
More people in Morocco are looking for clever opportunities to invest their money through Crypto purchases and online trading.
But crypto is prohibited in Morocco. The government banned it in 2017 because it would offer fertile soil for drug men and criminals for fears to wash their bad wealth. However, change can stand around the corner. Bank al-Maghrib boss Abdellatif Jouahri Unveiled in November last November that a draft law is in the works to last – regulate The cryptocurrency industry.
Crypto explodes all over Africa. Nigeria rose by 68% and reached 105 million owners last year. The figures in Egypt were 138% to 21 million, while Kenya and South Africa increased to 11 million and 13.9 million users-a increase in 90% and 38%.
Worldwide, India rules with astonishing 314 million crypto fans, while China follows 128.5 million users.
