Morocco | 2021

Digital currency adoption and trends in Morocco in 2021



of Moroccans
own digital currency

How many digital currencies owners are there in Morocco?

It is estimated that around 0.9 million people, 2.4% of Morocco’s total population, currently own digital currency.

Morocco – North Africa’s digital currencies hub?

Morocco recorded a Bitcoin trading volume of US$6 million, the highest in North Africa. Morocco is positioned 4th in the African continent, behind Nigeria, South Africa and Kenya.

How do Moroccans view digital currencies?

Moroccans are open to digital currency, with peer to peer Bitcoin trading volumes increasing steadily over the years and reaching record highs of 2.18 million Moroccan Dirham in 2020.

Digital currencies’s rising popularity in Morocco

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