EXPERTS MOROCCO Morocco Now North Africa’s Leading P2P Crypto Trading Nation 1 year ago Szarlot Post Views: 437 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 How to Increase Your Chances of Winning at Online Slots 22 mins ago Szarlot EXPERTS WORLD NEWS Online gambling & betting industry is projected to reach $145.6 billion by 2030 1 day ago Szarlot EXPERTS SENEGAL Why African fintechs will continue to trend 2 days ago Samuel EXPERTS KENYA Gamblers Rejoice As Court Scraps Nairobi Law 5 days ago Samuel EXPERTS KENYA Court quashes betting tax, limit on gambling in 5-star hotels 6 days ago Szarlot EXPERTS SOUTH AFRICA Only 2 Months at The BiG Africa Summit 2023! 1 week ago Iwo Bulski EXPERTS MALAWI How Will Malawi’s Economy Fare in 2023 1 week ago Samuel EXPERTS SOUTH AFRICA South Africans spent big on groceries, entertainment and fuel in December 1 week ago Szarlot EXPERTS WORLD NEWS What Will Be The Future of Sports Betting Around The World? 1 week ago Szarlot EXPERTS HOT NEWS TANZANIA Mobile Betting – How Popular is it in Africa? 1 week ago Szarlot EXPERTS RWANDA Adam Bradford launches centre to train youth in Rwanda 2 weeks ago Iwo Bulski EXPERTS KENYA BetEngines launches the first Sportsbook software solution tailor-made for the African market. 2 weeks ago Adeleye Awakan 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.