EXPERTS MOROCCO Morocco Now North Africa’s Leading P2P Crypto Trading Nation 7 months ago Szarlot Post Views: 298 In the year 2021, Morocco, which previously announced measures restricting crypto trading, became North Africa’s leading crypto-trading nation after its peer-to-peer (P2P) trade volumes surged to $6 million. Morocco in Africa’s Top Four In 2021, Morocco’s peer-to-peer crypto trade volume of $6 million was enough to see it ranked North Africa’s top cryptocurrency trading nation, according to the latest data from crypto payments company Triplea. The data also shows that only three African countries topped Morocco’s volumes and these include Nigeria, South Africa, and Kenya. In a breakdown of the global peer-to-peer crypto trade statistics, the Triplea research data shows that 2.4% of Morocco’s population, or 878,168 people, owned cryptocurrencies in 2021. Only four African countries — Kenya (8.52%), South Africa (7.11%), Nigeria (6.31%), and Ghana (3.01%) — have higher proportions of their respective populations that own crypto. As noted in the research report, interest in cryptocurrency in Morocco has been rising despite the country’s standing regulations against crypto trading, which were first announced in 2017. “Moroccans are open to cryptocurrency, with peer to peer bitcoin trading volumes increasing steadily over the years and reaching record highs of 2.18 million Moroccan Dirham in 2020,” – explains the report. Furthermore, the report notes that the increase in Morocco’s peer-to-peer traded volumes came during a year when the central bank, Bank-Al-Maghrib (BAM), said it would explore the benefits of launching a digital currency. Source: news.bitcoin.com About Post Author Szarlot I am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. See author's posts SzarlotI am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. Facebook Twitter LinkedIn Email Print Tags: crypto, Morocco, report Continue Reading Previous The Most Convenient Ways to Make a Deposit in Online CasinosNext How Cryptos are Changing the Concept of Gambling? More Stories EXPERTS SOUTH AFRICA BMM South Africa gets licensed to provide compliance testing services in Tanzania 3 days ago Iwo Bulski EXPERTS WORLD NEWS WhatsApp allows people to sneak out of group chats 3 days ago Samuel EXPERTS SOUTH AFRICA GLI Africa expands service offering 3 days ago Samuel EXPERTS KENYA Poor tax policy erodes Kenya’s investor attractiveness – survey 4 days ago Szarlot EXPERTS WORLD NEWS Answers to the iGaming industry’s most pressing questions 5 days ago Samuel EXPERTS SOUTH AFRICA Illegal slots seized, destroyed in raids 5 days ago Iwo Bulski EXPERTS NIGERIA SBWA + 2022 Summit this week in Nigeria 2 weeks ago Iwo Bulski EXPERTS NIGERIA Money laundering: ECOWAS agency fingers Nigerian casinos 2 weeks ago Iwo Bulski EXPERTS KENYA Kenya launches AML probe focusing on betting operations 2 weeks ago Iwo Bulski EXPERTS KENYA Digital scams have hit Kenya’s gambling and travel industry 2 weeks ago Samuel EXPERTS WORLD NEWS Slotegrator reviews the worldwide trend of gambling legalization 3 weeks ago Iwo Bulski EXPERTS GHANA Betting is destroying Ghana football 3 weeks ago Samuel Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.