Morocco Outlaws Cryptocurrencies

Morocco Outlaws Cryptocurrencies
Morocco has officially instituted a ban on transactions using cryptocurrencies, citing a lack of regulation as a ‘danger’ to users.

According to an official press release on its Office des Changes website, the country’s foreign exchange regulator took a firm stance on the use of cryptocurrencies in the country. A translation from French puts it simply:
"Transactions via virtual currencies constitute a breach of regulations, punishable by penalties and fines."
The stance taken by the North-west African Kingdom’s regulator spells bad news f ...
Read more about "Morocco Outlaws Cryptocurrencies" on coinatory.com

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