Buy crypto in Morocco

Morocco formally banned crypto transactions in 2017, when the foreign-exchange regulator and the central bank declared them a breach of currency rules carrying penalties. Yet enforcement has been light and adoption kept climbing, making Morocco one of Africa's most active crypto markets despite the prohibition. The gap between the rules and reality is exactly what regulators are now trying to close.

Bank Al-Maghrib has confirmed it is drafting a crypto regulation bill, developed with international bodies, to legalise and supervise digital assets while it also studies a central bank digital currency. Until that law passes, trading remains officially banned, and the activity that happens runs through P2P platforms and VPNs, sending dirhams directly to sellers with no consumer protection. Watch for the new framework before treating it as fully legal.