Is Zcash legal in Morocco?
Crypto is banned under 2017 foreign-exchange rulings, though a licensing law (Bill 42.25) is pending.
| Owning ZEC | Unclear |
|---|---|
| Local exchanges | Not allowed |
| National rule | Crypto banned or heavily restricted |
| Regulator | Bank Al-Maghrib; AMMC; Office des Changes |
| Last reviewed | 25 October 2026 |
The legal situation in Morocco
Morocco's foreign-exchange regulator declared virtual-currency transactions illegal in November 2017 as a breach of exchange rules. Draft Bill 42.25 (November 2025) would license crypto service providers but was still under review in July 2026. No privacy-coin-specific rule exists.
Key facts
- 2017-11-21: Morocco's foreign-exchange regulator, the Office des Changes, declared crypto transactions an infringement of exchange regulations, with penalties.
- 2025-11: Draft Bill No. 42.25 on crypto-assets was published.
- 2026-07-22: Bank Al-Maghrib said the bill was still under review.
What this means for you
Crypto trading is banned or heavily restricted here, and that includes Zcash. Do not try to get around the law; penalties can be serious. Check back here: rules change.
Sources
financemagnates.com, moroccoworldnews.com.
Sources are listed by publisher so you can look them up yourself; we do not link out.
General information, not legal or tax advice. Check the regulator's own website before acting.
Frequently asked questions
Is Zcash legal in Morocco?
Crypto is banned under 2017 foreign-exchange rulings, though a licensing law (Bill 42.25) is pending.
Can I buy Zcash on a local exchange in Morocco?
No. Crypto exchanges or privacy coins are not allowed.