” . Sign in Welcome! Log into your account your username your password Forgot your password? Get help Create an account Create an account Welcome! Register for an account your email your username A password will be e-mailed to you. Password recovery Recover your password your email A password will be e-mailed to you. Cryptocurrency July 21, 2025 Morocco explores digital currency for domestic and cross-border use Morocco’s central bank is working with IMF and WB to evaluate potential effects of a digital currency, or CBDC, on country’s payment systems By Monitoring Desk Morocco’s central bank is studying the use of a digital currency for peer-to-peer and cross-border payments, Governor Abdellatif Jouahri said Monday. The bank is working with the IMF and the World Bank to evaluate the potential effects of a central bank digital currency, or CBDC, on the country’s payment systems. Speaking at a conference in Rabat, Jouahri said the Moroccan central bank is also collaborating with Egypt’s central bank and the World Bank to explore how the CBDC could be used for cross-border transfers. Unlike cryptocurrencies, which are decentralized, a CBDC is issued and controlled by a central bank. Morocco banned the use of cryptocurrencies in 2017, but underground usage continues. Jouahri also said a draft law on crypto assets is under review by the finance ministry and will soon begin the adoption process. FacebookTwitterLinkedinWhatsAppEmail Previous articleMusk’s X refuses to comply with French criminal investigationNext articleChina denies link to cyber group targeting Singapore infrastructure Monitoring DeskOur monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner. LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. Δ RELATED ARTICLES Tech Hong Kong probes Louis Vuitton data leak affecting 419,000 customers Tech China denies link to cyber group targeting Singapore infrastructure Social Media Musk’s X refuses to comply with French criminal investigation World Business News China’s exports of two critical minerals drop sharply in June Must Read Headlines CCP conducts 37 sessions to boost competition law awareness in FY… July 21, 2025 Training sessions targeted businesses, legal professionals, and academia to promote competition law compliance Pakistan’s power generation increases by 8% in June 2025 July 21, 2025 First Prudential Modaraba rebranded as Wasl Mobility Modaraba July 21, 2025 Nishat Power to invest Rs2.5 billion in NexGen Auto for EV development July 21, 2025 . ”