Cryptocurrency remains restricted in Morocco with a 2017 ban on crypto as a means of payment still in effect. Draft regulations are under development but no clear legal framework is yet established.
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Region | africa west |
| Currency | MAD |
| Capital Gains (Personal) | 20% on investment gains (general; crypto applicability unclear) |
| Capital Gains (Corporate) | 20-35% CIT |
| VAT on Crypto | No |
| Staking Tax | Unclear |
| Airdrop Tax | Unclear |
No crypto-specific tax guidance available.
| Required | Yes |
| Regulator | BAM / AMMC / ANRF |
| Framework | Bill 42.25 (Projet de Loi No. 42.25 sur les actifs numeriques) — published November 2025 for public consultation, MiCA-inspired framework, parliamentary review Q1-Q2 2026, not yet enacted as of June 2026; 2017 ban on crypto as payment still in effect |
| Ease | very_complex |
| Cost (USD) | TBD - framework pending |
No detailed enforcement information available
| KYC Required | Yes |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | compliant_not_greylisted |
| FATF Body | MENAFATF |
| Suspicious-Activity Reporting | Yes |
Status: Restricted
Status: Restricted
Status: unregulated
| Legal | No |
| Electricity Cost | $0.112/kWh |
| Renewable Energy | 22% |
| Infrastructure | fair |
Crypto mining is banned in Morocco. Electricity cost is relatively high at $0.112/kWh with 22% renewable energy. Infrastructure is fair but mining is prohibited.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 40/100 |
| Banking Access | restricted |
Risk Factors
Morocco is politically stable with moderate ease of doing business. It is not under international sanctions but has restricted banking access for crypto companies and regulatory uncertainty around crypto.
Cryptocurrency remains restricted in Morocco with a 2017 ban on crypto as a means of payment still in effect. Draft regulations are under development but no clear legal framework is yet established.
Morocco is classified by FATF as: compliant_not_greylisted.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
Soken combines Web3 security engineering and crypto-legal counsel — two specialised tracks, one team. Pick the side that matches your need.
VASP licensing, jurisdiction analysis, AML/KYC, legal opinions, company registration and banking access.
Explore Legal Services → IT & SecuritySmart-contract audits, penetration testing, Web3 development, AI/LLM security audits.
Explore IT Services →Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map
← Back to Crypto Map