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Topic: Bitcoin is Officially illeagal in Morocco (Read 1788 times)

newbie
Activity: 50
Merit: 0
July 02, 2018, 09:16:36 AM
#89
Oh, great. Marocco now. It's small country and apparently poor one. Instead of learning something, they turn against it. Government should think about people and let them decide, since when does rules changed?
full member
Activity: 378
Merit: 100
Each country today must take one of two decisions regarding the use of crypto currency in its economy. Nevertheless, you can be sure that the implementation will occur in this or that case, as it happens in China and Vietnam, where already loud statements have been made regarding the ban on this area of ​​activity.
member
Activity: 199
Merit: 10
it is now, i think in a few years the situation with this questin will be simple, it will be legal, be petient to Bitcoin
member
Activity: 280
Merit: 10
it is terrible to know it, but if look for the whole world there are the same situation with it, so we must work for yourself only
full member
Activity: 344
Merit: 107
When this news is officially announced you know actually i don't know exact time? i think Bitcoin is illegal from last 2 years.
This is developing country truley i believe that really sad news.
legendary
Activity: 1036
Merit: 1002
Yes, about the prison of course got excited. One of the principles of anonymity. But it is a pity that they do not understand the obvious things. It will be difficult to keep up with the world when you initially refused. But I think there will be amendments.
full member
Activity: 1232
Merit: 186
anyways for anyone comming to morocco be careful ,the prisons here are already crouded .
Really?! Shocked That's alarming. Did your government give first a warning or not? Because I can't believe that it will sudeenly come up into this point. If they warned and this still happnened then your fellow men are the one who made the lapses, maybe they still pursue engaging with crypto despite of being illegal.

I feel sorry for you Sad. Just accept that you can't now use crypto unless you move into another country.
newbie
Activity: 7
Merit: 0
Пpaвитeльcтвo Mapoккo cдeлaлo oфициaльнoe зaявлeниe кacaтeльнo кpиптoвaлют. C этoгo мoмeнтa, иcпoльзoвaниe любыx виpтyaльныx вaлют нa тeppитopии cтpaны бyдeт cчитaтьcя нeзaкoнным. Дaннoe peшeниe былo пpинятo в cвязи c oтcyтcтвиeм нopмaтивныx aктoв и peгyлиpyющиx opгaнoв в Mapoккo.
      Ha oфициaльнoм caйтe «Office des Changes» был oпyбликoвaн пpecc-peлиз, кoтopый глacил o пpинятии вышeyкaзaннoгo peшeния: «Bce тpaнзaкции, кoтopыe ocyщecтвляютcя зa cчeт кpиптoвaлют нa тeppитopии Mapoккo cчитaютcя нeзaкoнными. Этo являeтcя гpyбым нapyшeниeм зaкoнa, чтo влeчeт зa coбoй нaлoжeниe штpaфa и пpoчиx cтpoгиx нaкaзaний». Taкoe peшeниe пpивeдeт к тoмy, чтo в cтpaнe нaчнeтcя мaccoвoe зaкpытиe и ocтaнoвкa дeятeльнocти oбмeнныx пyнктoв, кoтopыe зaнимaлиcь пpeдocтaвлeниeм ycлyг в ceктope кpиптoвaлют. Кoмпaнии тaкжe бyдyт вынyждeны либo пepeexaть в coceдниe cтpaны, либo oгpaничить cвoю дeятeльнocть. Этo являeтcя ocтpoй пpoблeмoй для нeкoтopыx из ниx, пoтoмy чтo вceгo нecкoлькo нeдeль нaзaд, oпpeдeлeнныe фиpмы oбъявили o cтapтe paбoты c биткoйнaми.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
This is not a good news because now world is moving forward to digital. Bitcoin is now world famous cryptocurrency at this time all countries now keep an eye on bitcoin. Dont why Morocco should announce bitcoin as illegal. Morocco is a developing country if it is accept bitcoin it would be good for their economic. If they afraid whether people using it for illegal means they have to create some rules and allow the people to use. Anyway the future of bitcoin is very tremendous. Hope Morocco will get back their announcement and announce bitcoin as legal.
member
Activity: 364
Merit: 10
This is a sad news because the world is moving to digital currency. In future the cryptocurrency is ver bright. Now it is accepted by so many countries with some rules. The rules is for to avoid people using bitcoin illegally.  Likewise morraco is a developing country so it will be consider to accept in future. If one countrie succeed in the cryptocurrency automatically other countries have a chance to accept. Hope morraco also accept cryptocurrency soon in their country.
newbie
Activity: 140
Merit: 0
Future of Bitcoin is very bright and most of economic countries has given there acceptance on Bitcoin. Hope Morocco will be accepted Bitcoin very soon.
newbie
Activity: 126
Merit: 0
Morocco is a developing economy. It may be caused for the cryptocurrency but in future they will be accepting bitcoin with permission of law.
newbie
Activity: 98
Merit: 0
BTC is not a borovi zobov'yazannami (yak privirnyi groshni) and on the basis of material not materialized. The price of bitcoins should be covered in the form of proposals, toto, to the extent that the currency is paid to people. It is possible to hold a parallel with gold, a price for a yak to be filled up with a drink. Yaksho gold, at a moment's time, no one will pick it up, then the price will collapse, however, until the end of the day the price does not fall, so that all the same, metal and silver can be worn out. З бикoiнa ж y випaдкy вiдcyтнocтi пoпитy poбити нiчoгo нe вийшлo, тo i цiнa нa нoгo theoretically can fall asleep to scratch.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
I have never heard of that. Who told you Morocco banned bitcoin? They do not even know about its existence, I mean the majority of its people. As a matter fact, all Arab countries in Africa do no care about bitcoin and there is no law that concerns the use of bitcoin. You should have provided your thread with a reliable source. With that attempt, you might have scared Moroccans as they would not try to use/sell/buy bitcoin.
newbie
Activity: 11
Merit: 0
too bad;/
Huh its really a shoking news ,now we could go to jail for using any crypto currency and its just a retard decision knowing that its comming from the same country who kept boasting about launching their first satelite and being a future proof country... anyways for anyone comming to morocco be careful ,the prisons here are already crouded .
jr. member
Activity: 82
Merit: 7
Huh its really a shoking news ,now we could go to jail for using any crypto currency and its just a retard decision knowing that its comming from the same country who kept boasting about launching their first satelite and being a future proof country... anyways for anyone comming to morocco be careful ,the prisons here are already crouded .

Doesn't Morocco have an absolute monarchy or a constitutional monarchy where the monarch isn't just a mere figurehead but has a lot of political influence?

Banning crypto currency is pathetic though. So far States that have banned cryptos end up reversing their positions. It happened in Russia. It's happening in China. It'll probably happen in Morocco. Even if they ban it, they can't stop you from using bitcoin or exchanging fiat with offshore exchanges or using localbitcoin. That is why Russian gave up on their bitcoin ban.
sr. member
Activity: 658
Merit: 282
I think it is important to realize that countries are not existing in a vacuum, but are
competing with each other. Therefore the really big countries cant´t really ban Bitcoin,
because their competitors would then be able to profit from promoting Bitcoin in their
own countries. E.g. if the US would ban Bitcoin, Russia and China would probably
immediately embrace it.

This isn´t even taking into account the fact that a ban of a decentralized currency
like Bitcoin is not enforceable. Even after the government of Morocco banned Bitcoin, people
can still use it and just have to switch to P2P trading or exchanges that still serve
customers from Morocco.
member
Activity: 138
Merit: 10
I am convinced that this is a problem only for Morocco. For some reason, in the US, Israel, Switzerland, cryptocurrencies are not prohibited. Another thing is that you need a very careful regulation of the crypto market to reduce the level of fraud and money laundering.
full member
Activity: 826
Merit: 111
This news is normal only, because so many countries now announced cryptocurrency is illegal. But dont know why countries are not ready to accept new technologies. Now many countries accept crypto as legal but with some restrictions. Because they are not allow people to use bitcoin as illegal. So dont know why Morocco take such decesion. Because it is a small state so they can easily handle the people using cryptocurrency. Hope in future they will change the rules.
newbie
Activity: 57
Merit: 0
in fact, this is one that causes panic to me, because bitcoin currencies will someday be banned in the country we live in. there may be people who have better income, this will really have a profound impact in a life of their own profit. so there is little chance it will happen, because government agencies are already tracking ways to organize it. for Morocco they only raise the decision to ban the currency cryptocurrency, but if they will find that states across the country are embracing it, but because there are some countries against it it will follow the flow.
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