🚀 Bank of Morocco launches the "Digital Dirham" project.. A step towards a sovereign and smart financial future 🇲🇦💰
As part of the Kingdom of Morocco's efforts to enhance its financial sovereignty and transition to a more efficient and independent digital economy, the Bank of Morocco has officially announced the start of developing the digital dirham (CBDC), as an official digital national currency fully backed by the central bank.
💡 Key features of the project: 🔹 An official digital currency (CBDC) directly linked to the paper dirham
🔹 Technically secure, tradable locally and across borders
🔹 Aims to improve financial inclusion, reduce transaction costs, and combat the informal economy
🔹 In line with global digital transformation and African trends in the financial field
💬 This step opens the door to promising opportunities in areas:
✔️ Fintech
✔️ Blockchain
✔️ Web3
✔️ Smart Financial Solutions (Smart Payments)
✔️ And perhaps even future integration with DeFi systems!
📌 Morocco officially joins the list of countries working on issuing sovereign digital currencies (CBDCs) such as China, the UAE, and France.
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#DirhamDigital