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Morocco’s crypto boom: 6 million citizens embrace digital currencies

The allure of cryptocurrency is spreading rapidly in Morocco, with 6 million individuals—approximately 16% of the population—owning digital assets as of 2024, according to data from French broker HelloSafe. This marks a staggering 60% increase over the past five years, with 2.5 million new......

Argentina’s president Milei faces investigation over $LIBRA cryptocurrency allegations

Argentina's President, Javier Milei, is under investigation for potential fraud related to the cryptocurrency $LIBRA, following a controversial promotion on his social media. On Monday, Federal Judge Maria Servini was randomly selected to lead the investigation into Milei's involvement, raising......

6 Million Moroccans Embrace Cryptocurrencies Despite Strict Regulations

Morocco is witnessing a significant rise in cryptocurrency adoption, despite stringent restrictions imposed by the central bank on digital asset transactions. A recent report by the financial services platform "HelloSafe" highlights the increasing number of Moroccans engaging with cryptocurrencies,......

Morocco's Growing Role in the Cryptocurrency Market in the MENA Region

Morocco has been steadily increasing its presence in the cryptocurrency market within the Middle East and North Africa (MENA) region. According to a report by a leading blockchain data analytics company, Morocco is ranked 27th globally in terms of cryptocurrency adoption. This impressive ranking highlights......

Ross Ulbricht speaks out following presidential pardon

Ross Ulbricht, the founder of the Silk Road dark-web marketplace, has publicly commented on his recent release after receiving a pardon from former U.S. President Donald Trump. Ulbricht had been serving two life sentences plus an additional 40 years for his role in running the illicit online marketplace,......

Bitcoin soars to USD 110,000 milestone amid Trump's presidential transition

The cryptocurrency Bitcoin reached unprecedented heights Monday, touching USD 110,000 per bitcoin as Donald Trump prepared to return to the White House. The surge coincided with the weekend launch of new cryptocurrency tokens by Donald and Melania Trump. The Trump-linked tokens, categorized as "meme......

Bitcoin Reaches New Milestone amid Political Transition

Bitcoin has reached a groundbreaking value, climbing to a record high of $109,000 on the eve of a significant political event in the United States. This surge coincides with preparations for the inauguration of Donald Trump as the new president. The cryptocurrency experienced an unprecedented rise to......

Bitcoin dips sharply amid Federal Reserve decisions

Bitcoin, which has been soaring to record highs in recent weeks, experienced a significant decline, losing approximately $8,000 in value. This drop follows key decisions by the U.S. Federal Reserve, led by Chair Jerome Powell, that unsettled investors. Interest rate cuts spark concerns On December......

Morocco's Shift from Cryptocurrency Ban to Regulation

In 2017, Morocco implemented a ban on cryptocurrencies, a measure that did not prevent underground trading within the country. However, the national financial regulators have now acknowledged the necessity of transitioning from prohibition to regulation. This shift has been supported by major economic......