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
| Status | Research |
| Name | Morocco CBDC |
| Issuing Authority | Bank-Al-Maghrib |
| Model | hybrid |
| 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 |
Cryptocurrency mining is banned in Morocco due to regulatory restrictions. Electricity cost is relatively high compared to global averages. Infrastructure for data centers and internet is fair but limited compared to more developed regions.
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 38/100 |
| Banking Access | moderate |
| Sanctions Program Active | No |
Risk Factors
Morocco has moderate political stability with no major international sanctions. Corruption levels are moderate with a CPI around 38. The business environment is moderate with some challenges for crypto companies in banking and regulatory clarity.
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.
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Explore IT Services →Last reviewed: 2026-09-06 · Data source: Soken Crypto Legal Map
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