Morocco cryptocurrency tax guide

What this guide covers

This guide documents Morocco's crypto regulatory position for 2025, which remains a pending bill rather than enacted law, alongside a historical 2017 ban statement. No tax framework of any kind — crypto-specific or by analogy to an existing category — was identified in this research pass. finances.gov.ma and bkam.ma weren't directly fetched. This is educational information, not individualized tax or legal advice.

Tax treatment of cryptocurrency

This guide couldn't locate any Moroccan tax framework for individual crypto activity. In 2017, Bank Al-Maghrib (Morocco's central bank) issued a statement effectively banning the use of cryptocurrencies, warning the public against their use. Since 2022, officials — including BAM Governor Abdellatif Jouahri — have repeatedly stated that a draft law to regulate, not ban, crypto-assets is complete or nearly complete. That draft, Bill 42.25, had its text released in November 2025, jointly prepared by the Ministry of Economy and Finance, Bank Al-Maghrib, and the AMMC, closely modeled on the EU's MiCA framework. As of a July 2026 report, the bill remained under inter-agency coordination with no firm parliamentary submission date set. As of this review, no source confirmed the bill had been enacted or had taken effect, and this guide doesn't identify any tax treatment that would apply even once a regulatory framework exists.

Common taxable events

• This guide doesn't identify any confirmed taxable crypto event under current Moroccan law, since no tax framework for crypto was located.

Potentially non-taxable events

• This guide doesn't assert a blanket tax exemption for crypto in Morocco. The absence of a specific tax framework doesn't necessarily mean gains are exempt, since Morocco's general tax code provisions could in principle apply by analogy to an existing income category in ways this guide hasn't independently verified.

Tax rates and thresholds

No confirmed crypto-specific or by-analogy tax rate was identified in this research pass. This guide doesn't assume Morocco's general personal income tax or capital gains rules apply to crypto without direct confirmation from the Direction Générale des Impôts.

Cost basis and calculation

This doesn't apply in the absence of a confirmed tax framework.

Reporting and compliance

• This guide doesn't identify any confirmed individual reporting obligation specific to crypto under current Moroccan law.
• Separately, and distinctly from taxation, the 2017 Bank Al-Maghrib statement's practical effect on individual crypto use, as opposed to a business operating without a license once Bill 42.25 is enacted, is a regulatory or legal question this guide doesn't resolve.

Residency and cross-border issues

Not resolved in this research pass, given the absence of any confirmed tax framework to apply residency rules to.

Example

This guide omits a worked tax example, consistent with the directive's instruction to use a qualitative explanation rather than a fabricated calculation where the legal position doesn't support one. No confirmed rate or framework exists to illustrate.

Official resources

• Direction Générale des Impôts: https://www.tax.gov.ma/
• Bank Al-Maghrib: https://www.bkam.ma/

Limitations and review information

Tax year covered: 2025. Last verified: October 29, 2026 (citation-integrity pass; source now individually verified, and the bill's status re-confirmed as current as of July 2026 reporting). Known limitation: this is one of the least settled guides in this knowledge base — Morocco has neither an enacted crypto regulatory law nor any identified tax framework for individual crypto activity. Bill 42.25's exact number, November 2025 origin, and July 2026 still-in-review status are confirmed via a directly-cited news source, but its current legislative status may have moved on since, and any tax treatment that might eventually accompany it, weren't confirmed in this pass. This guide should be re-verified promptly if Morocco enacts Bill 42.25 or any crypto tax measure, likely requiring a substantial rewrite rather than a figure update. This is educational information only, not individualized tax or legal advice.