Morocco crypto ban: What it means for traders and users in 2025
When Morocco banned cryptocurrency in 2017, it wasn’t just a policy—it was a signal. The Morocco crypto ban, a nationwide prohibition on using digital currencies for payments and exchanges. Also known as crypto trading restrictions in Morocco, it was meant to protect the national currency and prevent money laundering. But in practice, it never stopped people from buying Bitcoin or using Binance. Today, the ban is more like a ghost law—visible on paper, but fading in the real world.
Behind the scenes, Moroccans still trade crypto. They use peer-to-peer platforms, foreign exchanges, and even friends with bank accounts abroad. The Central Bank of Morocco, the national financial regulator that issued the original ban hasn’t updated its stance, but it also hasn’t shut down a single crypto wallet. Meanwhile, the African crypto laws, the patchwork of rules across the continent that vary from full legalization to outright bans are shifting fast. Nigeria relaxed its rules, Ghana is testing central bank digital currency, and Egypt is letting exchanges operate under license. Morocco’s ban now looks out of step—not because it’s wrong, but because it’s outdated.
Why does this matter to you? If you’re in Morocco, you’re not breaking the law if you hold crypto. You’re breaking it if you use it to pay for goods, send money through local banks, or open an account with a Moroccan-based exchange. But if you buy Bitcoin on Binance from your phone, using a foreign payment method? No one’s coming to your door. The real risk isn’t jail—it’s losing money to scams. Fake exchanges, fake airdrops, and fake "legal crypto services" in Casablanca are thriving because people are desperate for access. And without regulation, there’s no recourse.
Global trends are pushing Morocco toward change. The crypto legality Africa, the evolving legal landscape for digital assets across the continent is no longer a sideshow—it’s the main event. Countries with similar bans are seeing economic pressure: remittances, youth entrepreneurship, and access to global markets are all tied to crypto. Morocco’s youth are tech-savvy, connected, and tired of being locked out. The ban won’t last forever. But until it lifts, you’re playing in the shadows.
What you’ll find below are real stories and clear guides from people who’ve navigated this gray zone. You’ll learn how to trade safely, spot scams pretending to be legal, and understand what’s really happening when banks freeze accounts or exchanges vanish. This isn’t about politics. It’s about survival in a system that doesn’t want you to win—but hasn’t figured out how to stop you yet.
Morocco Cryptocurrency Ban: What You Need to Know in 2025
Morocco banned cryptocurrency in 2017, but millions still use it. Inflation, currency devaluation, and weak banking pushed people toward crypto. Now, the government plans to legalize it with strict rules and a national digital currency.
- September 13 2025
- Terri DeLange
- 20 Comments