Morocco is number one for Bitcoin trading in North Africa

Morocco is number one for Bitcoin trading in North Africa

Estimates from Triple A, a Singaporean cryptocurrency provider and aggregator, state that 0.9 million people, or roughly 2.4% of Morocco’s total population, currently own cryptocurrency. 

That puts the kingdom as the top country in North Africa and in the top 50 holders of cryptocurrency population percentage, just ahead of Portugal.

Data from Useful Tulips — a platform that tracks peer-to-peer BTC trading across the globe — confirms the trend. The Kingdom of the West, as it’s known locally, has been the runaway North African leader for BTC trades in the past year, pipped by only Saudi Arabia when weighing up the entire Middle East and North Africa region.

Trending: Do You Remember What Joan Rivers Said About Obama Right Before She Dropped Dead?

Unfortunately for crypto enthusiasts, there has been no change in crypto laws in recent years. According to Morocco’s Foreign

Continue reading

You Might Like


Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend