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Reading Time: 2 minutes by Ogwu Osaemezu Emmanuel on February 21, 2021 Regulation The Central Bank of Morocco is now studying the concept of central bank digital currencies (CBDCs) and has set up a committee to extensively explore its pros and cons, according to reports on February 20, 2021. Morocco Eyes CBDCs At a time when consumers around the world are increasingly embracing digital payment methods rather than cash, apex banks across various jurisdictions have begun studying central bank digital currencies (CBDCs) in a bid to remain relevant in the rapidly evolving finance ecosystem. In the latest development, Bank-Al-Maghrib (BAM), the central bank of Morocco, has put in place an exploratory committee to look into the benefits and disadvantages of CBDCs for the nation’s economy and make recommendations ....