morocco

Morocco has launched an investigation into residents suspected of using cryptocurrencies to buy properties abroad without approval.

Global Exchanges Fingered
The Moroccan Foreign Exchange Office has reportedly launched an investigation into residents suspected of buying properties abroad using cryptocurrencies. Officials are also interested in understanding the role of global real estate companies that employ Moroccan intermediaries in property marketing.
According to a local report, the probe is examining purchases of high-value real estate by Moroccans holding residency permits in other countries. These transactions are said to be facilitated by unnamed cryptocurrency exchange platforms that provide anonymity and privacy protection.
Under the country’s laws, residents seeking to buy real estate abroad must first obtain approval from the Foreign Exchange Office. However, officials believe residents are resorting to crypto to bypass this requirement, as they are aware of regulators’ inability to track such transactions.
Reports that Moroccan authorities are targeting residents using crypto to buy properties come just a few months after the country’s central bank signaled a change in its approach toward digital assets. As reported by Bitcoin.com News, the central bank has expressed a desire to engage all relevant parties as it works to create a regulatory framework that protects consumers without stifling innovation.
Meanwhile, the local report states that investigators are also looking into aggressive social media campaigns targeting Moroccan investors with discounted foreign real estate deals and marketing tours. These campaigns, promoting million-dollar properties, have raised concerns about the origin of the funds and how the transactions are being conducted.
The Foreign Exchange Office is now said to be strengthening its oversight to protect the financial system from illegal activities related to cryptocurrency and unregulated capital transfers.

#binance #wendy #bitcoin #morocco $BTC

In a historic step that marks a major shift in the future of financial transactions, Bank Al-Maghrib (Morocco's central bank) has officially announced the launch of the Digital Dirham's first experimental phase. With this move, Morocco becomes one of the first Arab and African countries to approach the implementation of a Central Bank Digital Currency (CBDC).

This announcement was made in July 2025 by Abdellatif Jouahri, Governor of Bank Al-Maghrib, who revealed that the digital currency will be issued directly by the central bank—without intermediaries such as commercial banks. It will allow citizens to make payments using mobile phones, even without having a bank account.

💡 What Is the Digital Dirham?
The Digital Dirham is a digital version of the national currency. It holds all the characteristics of physical cash but offers several advantages, including:

Instant peer-to-peer transactions.Programmable features to control how and where it can be used.Reduced reliance on physical banknotes.Improved financial inclusion, especially in rural or underserved areas.

🌍 International Collaboration and Cross-Border Testing:

In a groundbreaking move, Bank Al-Maghrib partnered with the Central Bank of Egypt, with support from the World Bank, to test the use of the Digital Dirham for cross-border payments. This initiative could pave the way to bypass traditional systems like SWIFT and reduce reliance on the U.S. dollar in international transactions.

⚠️ Can the Digital Dirham Be Traded on Crypto Exchanges?:

No, the Digital Dirham is not available on any crypto trading platform (such as Binance or OKX).
Here’s why:

It is not a cryptocurrency like Bitcoin or Ethereum but a sovereign digital currency issued and controlled by Morocco’s central bank.It is intended for domestic use only, not for global investment or speculation.It is not subject to market supply and demand and cannot be traded freely.The project is still in a testing phase, and has not been released to the general public.Once officially launched, the Digital Dirham will be used via government-approved digital wallets and mobile apps within Morocco—not on open crypto markets.

🧩 Legal and Technical Framework:

Bank Al-Maghrib confirmed that the legal framework for the Digital Dirham has been finalized and submitted to the Ministry of Economy and Finance. The project now awaits formal approval and regulatory readiness before its official release, likely over the medium to long term.

🗣️ What Does This Mean for Moroccan Citizens?:
Citizens will be able to make everyday payments and transfers digitally—even without a bank account.Government aid and subsidies could be delivered directly, with better transparency and targeting.The economy will see reduced cash usage and improved tracking of financial flows.

🔮 Are We Headed for a Cashless Future?:

That reality may be closer than expected. Morocco is not just observing the global trend toward digital currencies—it is actively shaping its own path toward a more inclusive and technologically advanced monetary system.

🔚 As innovation accelerates, Morocco is not standing still—it’s moving steadily toward a Digital Dirham that could reshape the nation’s economic future.
Do you think such a system would be beneficial in your own country as well?

Sources:
Bank Al-Maghrib – SNRT News – Morocco World News – Hespress – Rue20 – Assahafa

#internationalnews #CryptoNews #morocco
#BinanceSquare #WorldCoin.
$BTC $XRP $BNB

A 24-year-old French-Moroccan man has been arrested in Morocco after being linked to a string of recent kidnappings in France aimed at stealing crypto. Based on reports, Badiss Mohamed Amide Bajjou was taken into custody by Morocco’s national police on June 4.
He was reportedly carrying several bladed weapons and multiple mobile phones at the time of his arrest. French justice officials had asked for his extradition after Interpol issued a Red Notice in 2023.
Arrest In Morocco
According to French authorities, Bajjou was found in possession of weapons that suggested he was working with a larger group. He was located thanks to coordination between French and Moroccan law enforcement.
On June 4, France’s Minister of Justice, Gérald Darmanin, publicly thanked Morocco via an X post for the swift action. The post highlighted “excellent judicial cooperation” and noted that this arrest was a serious blow to organized crime networks targeting crypto holders.

Failed Kidnapping Attempt On May 13
Based on reports, the most recent incident involved masked assailants trying to abduct the daughter and grandson of Pierre Noizat, the CEO of French crypto platform Paymium. This took place in broad daylight on May 13.
A short video clip shows Noizat’s daughter fighting back, with help from bystanders. They managed to push the attackers into a van and force them to flee. No money was taken, but the boldness of the attack shocked local residents.
Earlier Abductions And Ransom Demands
On May 3, Paris police freed the father of a crypto entrepreneur after he had been held for several days. Kidnappers had demanded a ransom of 7 million euros ($7.8 million). The victim was released thanks to a targeted police operation.
$BTC
Going back to January 21, Ledger co-founder David Balland was abducted from his home in central France in the early hours of the morning. He was held until January 22, when police rescued him in a nighttime raid.
Interpol Red Notice And International Efforts
Interpol first flagged Bajjou in 2023, linking him to prior kidnappings and other crimes. Based on those alerts, French officials have been monitoring his movements for months.
International cooperation has been key in tracking suspects across borders. Morocco’s willingness to act on France’s request suggests growing ties in combating crypto-linked crime. Officials say more arrests could follow as investigations continue.
Government Response And Security Steps
French law enforcement is now offering extra protection to crypto executives and their families. Measures include priority phone lines, home security checks, and safety briefings.
Authorities said these steps aim to prevent more attacks. Police are urging anyone holding significant crypto assets to be cautious. They recommend simple practices like avoiding public displays of wealth and keeping emergency contacts handy.
#morocco #Kidnapping

Trong bối cảnh thị trường tiền điện tử đang phát triển mạnh mẽ, việc đảm bảo an toàn cho các nhà đầu tư và người tham gia là vô cùng quan trọng. Gần đây, cảnh sát #morocco đã bắt giữ Badiss Mohamed Amide Bajjou, một công dân Pháp gốc Morocco 24 tuổi, được cho là chủ mưu đằng sau hàng loạt vụ bắt cóc nhắm vào những người giàu có trong giới crypto ở Pháp. Vụ bắt giữ này, được báo cáo bởi Le Parisien, cho thấy nỗ lực của các cơ quan chức năng trong việc trấn áp tội phạm liên quan đến tài sản kỹ thuật số.
Bajjou, đối tượng của Lệnh truy nã đỏ của #interpol , bị nghi ngờ là một trong những kẻ cầm đầu các kế hoạch bắt cóc tiền điện tử, bao gồm cả vụ việc nhắm vào David Balland, đồng sáng lập của Ledger vào tháng 1. Bộ trưởng Tư pháp Pháp Gérard Darmanin đã bày tỏ sự cảm ơn Morocco vì vụ bắt giữ này, nhấn mạnh sự hợp tác tư pháp giữa hai quốc gia trong cuộc chiến chống tội phạm có tổ chức.
Trước đó, 12 nghi phạm khác cũng đã bị cảnh sát Pháp bắt giữ liên quan đến các âm mưu bắt cóc vào tháng 5, bao gồm một vụ táo tợn nhắm vào con gái mang thai của CEO và đồng sáng lập sàn giao dịch tiền điện tử Paymium, Pierre Noizat, cùng gia đình cô. Tổng cộng 25 nghi phạm đã bị buộc tội liên quan đến vụ bắt cóc này, hầu hết ở độ tuổi từ 16-23. Mặc dù Bajjou được cho là đóng vai trò chủ chốt, nhưng Le Parisien báo cáo rằng một công dân Pháp gốc Morocco khác, được xác định thông qua phân tích chuyển khoản tiền điện tử, mới là người "giật dây".
Các vụ bắt cóc liên quan đến tiền điện tử, hay còn gọi là "wrench attacks" (tấn công vật lý nhằm vào người nắm giữ tiền điện tử), đang gia tăng trên toàn cầu. Mặc dù nhiều vụ việc không được báo cáo, nhưng cơ sở dữ liệu của Jameson Lopp, đồng sáng lập công ty bảo mật Bitcoin Casa, đã ghi nhận 29 vụ tấn công được báo cáo trong năm 2025 tính đến thời điểm hiện tại, so với chỉ 34 vụ trong cả năm 2024. Việc bắt giữ những kẻ chủ mưu là một bước đi quan trọng, góp phần làm tăng niềm tin vào sự an toàn và tiềm năng phát triển bền vững của thị trường tiền điện tử trong dài hạn.
Thông tin trong bài chỉ mang tính tham khảo, không phải lời khuyên đầu tư. #anhbacong