It's interesting to see how Morocco is shifting its stance on cryptocurrencies after such a strong ban in 2017. The global trend toward embracing digital currencies is unstoppable, with many countries reconsidering their policies. Even in places where crypto is technically illegal, people have found ways to trade and use it under the radar, which speaks volumes about its demand and utility. The move to legalize cryptocurrencies, along with the exploration of a CBDC, is a positive step for financial inclusion.
Once I saw the likes of China actually looking to relaxing their rules against bitcoin I was convinced most countries will follow suit. We might have been thinking what took them long but we all know what they want which is the centralization that was there to dear to them, many of this countries restricted it because of not only because they cannot control it but because of their religion stands and I think as they go on to see its use case and find out that it is basically just money with much better use case than fiat they have started leaning towards it.
I think should the USA relaxes some of their restrictions, other countries too will have a look at it too. The governments have now accessed CBDC and might hand seen that it’s no where near what bitcoin portrays
