Morocco

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.

Overview

StatusRestricted
Risk Score55/100 (High Risk)
Regionafrica west
CurrencyMAD

Tax

Capital Gains (Personal)20% on investment gains (general; crypto applicability unclear)
Capital Gains (Corporate)20-35% CIT
VAT on CryptoNo
Staking TaxUnclear
Airdrop TaxUnclear

No crypto-specific tax guidance available.

Licensing

RequiredYes
RegulatorBAM / AMMC
FrameworkDraft crypto regulation under development (2024-2025); 2017 ban on crypto as payment still in effect
Easevery_complex
CostTBD - framework pending

DeFi

Status: Restricted

Stablecoins

Status: Restricted

NFTs

Status: unregulated

Mining

LegalNo
Electricity$0.112/kWh
Renewable22%
Infrastructurefair

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.

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index40/100
Banking Accessrestricted

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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