فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة
Members of the Monitoring and Supervision Department of the Exchange Office have intensified their investigations into Moroccans owning real estate abroad, especially in Spain and the UAE, and some of them financing these operations through cryptocurrencies.
Informed media sources reported that the investigations, which are carried out in coordination with international agencies, revealed the transfer of huge funds outside banking channels and without official authorization, raising suspicions of money laundering and terrorism financing.
According to the same sources, those involved exploited cryptocurrency trading platforms, such as Bitcoin, Ethereum and Tether, to secretly transfer funds through intermediaries and brokers, while it was found that some foreign real estate marketing agencies employed Moroccans to facilitate these operations.
A recent report revealed that about 6 million Moroccans owned cryptocurrencies by the end of 2023, which increased the risks of depleting hard currency and raising the level of money laundering threats, and monitoring services monitored intensive marketing campaigns to attract Moroccan investors through attractive offers, which prompted the authorities to tighten control over these transactions and control the flow of capital in accordance with organized laws.
Source : Fez News Media
