Abdellatif Jouahri, Governor of Morocco’s central bank, Bank Al-Maghrib, announced on Tuesday that a draft law regulating cryptocurrencies is undergoing adoption.

The draft law will seek to clarify and oversee cryptocurrency activities in Morocco, balancing innovation with financial stability and consumer protection. Jouahri emphasized that the central bank has been working on the legislation in consultation with international stakeholders, including the International Monetary Fund (IMF) and the World Bank, to align it with global standards.

The proposed legislation aims to create a legal framework for digital assets, marking a significant development for a country that has historically restricted cryptocurrency use. In 2017, Morocco’s foreign exchange authority, the Office des Changes, banned cryptocurrency transactions, citing fraud risks, money laundering, and terrorism financing. Violations of this ban were subject to severe penalties. Despite the ban, cryptocurrencies allegedly circulated, particularly within the informal and criminal sectors. Cryptocurrencies’ pseudonymous nature makes them attractive for bypassing regulatory oversight, facilitating cross-border transactions, and concealing financial trails.

By establishing a regulated framework, Morocco aims to address long-standing concerns about digital currencies while opening the door to potential benefits. Regulation could attract investment in blockchain technologies, foster financial inclusion, and provide a structured environment for adopting digital finance. However, the draft law’s success will depend on its ability to mitigate risks such as financial instability and criminal misuse without stifling innovation.

This move ties into broader global trends of governments and central banks working to regulate digital assets. Countries like the United States, the European Union, and India are exploring or implementing comprehensive cryptocurrency regulations.

The draft law is expected to undergo further deliberation before formal adoption, and its impact on Morocco’s financial ecosystem will depend on the details of its implementation.

Vancouver, British Columbia–(Newsfile Corp. – November 26, 2024) – Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) (“Energy Plug” or the “Company”) is pleased to announce its Energy-as-a-Service (EaaS) model, an integrated advanced battery storage system, blockchain technology, and cryptocurrency ecosystem. This transformative approach delivers energy reliability, cost efficiency, and financial optimization, marking the Company’s new development in decentralized energy solutions.

Energy Plug’s EaaS model combines energy savings, blackout/brownout protection, and a cryptocurrency-driven treasury system to create a seamless, scalable, and transparent energy platform. This innovation can help customers to benefit from a reliable power supply while unlocking new monetization opportunities for commercial, industrial and residential customers through blockchain-enabled efficiency.

Energy Plug’s ground-mounted battery systems are designed to store surplus energy from renewable and non-renewable sources, enabling its use during peak demand periods and can reduce reliance on traditional power grids and lowers energy costs for users. Complementing this is the Company’s Energy Management System (EMS), which can balance supply and demand in real-time, optimizing energy distribution and enhancing overall efficiency. Additionally, Energy Plug’s battery systems can provide critical outage resilience ensuring uninterrupted power for commercial and industrial clients during blackouts and brownouts, thereby minimizing costly operational disruptions.

The EaaS model offers subscription-based pricing, making energy solutions affordable by reducing upfront capital costs. Backed by Service Level Agreements (SLAs) with performance metrics, customers gain a consistent, high-quality energy service tailored to their needs.

Energy Plug’s integration of cryptocurrency is poised to redefine energy finance by introducing efficiency, flexibility, and transparency. Fast transactions enable near-instantaneous settlements, reducing friction in energy trading and management. Furthermore, blockchain-based treasury systems may be able to ensure traceable and transparent financial operations, ensuring trust and accountability for all stakeholders.

Brodie Gunning, President and CEO of Energy Plug Technologies Corp., highlighted the model’s impact, “Our EaaS model embodies the future of energy innovation, combining cutting-edge technology with financial empowerment. By integrating blockchain and cryptocurrency, we are creating a platform that can democratize energy access, drive sustainability, and deliver value to our customers.”

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ZT Mining is revolutionizing cryptocurrency investment by offering accessible and secure cloud mining solutions to a worldwide clientele.

Since its inception in 2020, ZT Mining has emerged as a reputable entity in the cryptocurrency sector, serving over 200,000 clients across more than 150 countries. The platform enables users to mine various cryptocurrencies without expensive hardware or specialized technical knowledge.

Simplified Mining Experience

ZT Mining’s platform is designed to be intuitive, allowing users to:

• Register an Account: Quickly set up a profile to access the platform’s features.
• Select a Mining Plan: Choose from various plans for different investment levels.
• Receive Earnings: Profits are deposited directly into the user’s designated wallet, and each plan’s performance is transparently tracked.
• Automatic Deposit and Withdraw: ZT Mining offers an automatic deposit and withdrawal feature, which is one of the most unique features. Users do not have to worry about deposits and withdrawals once they fix it.

Diverse Investment Plans

The platform offers several investment options to accommodate various investor profiles:

These plans are structured to provide daily profits and return on capital, catering to both novice and experienced investors.

What Makes ZT Mining Stand Out in the Market

ZT Mining has the best crypto mining software in the cryptocurrency mining industry. It offers unique features that cater to a broad audience. 

Here are the key factors that make it a preferred choice:

Innovative and Accessible Technology

ZT Mining uses cutting-edge cloud-based technology to simplify cryptocurrency mining. Users can participate without investing in expensive hardware or acquiring technical expertise. It makes mining accessible to investors, breaking down traditional barriers and making cryptocurrency mining available to a global audience.

Affiliate Program for Additional Earnings

ZT Mining also offers an affiliate program, allowing users to earn commissions by referring new clients. Affiliates receive a 3.2% commission on each referred client’s investment, with additional bonuses ranging from 1.8% to 3.2% for subsequent referrals made by those clients. 

The affiliate program allows you to generate passive income by sharing a unique referral link on various social media platforms.

Transparency and Trustworthiness

Transparency is at the core of ZT Mining’s operations. The platform provides clear tracking of earnings, with users able to monitor their mining outputs in real time. 

Coupled with reliable daily payouts and a proven history of secure transactions, ZT Mining has earned the trust of over 200,000 clients worldwide.

Diverse Plans for Varied Investors

The mining platform offers a variety of investment plans, catering to different budgets and risk appetites. From low-cost entry-level options to high-value, short-term contracts with significant returns, the platform ensures flexibility for every investor type. Adding features like guaranteed capital return enhances its appeal to those seeking secure, high-reward opportunities in the cryptocurrency space.

These differentiators solidify ZT Mining’s position as a go-to platform for cryptocurrency enthusiasts, combining accessibility, reliability, and profitability in one comprehensive solution.

Advanced Security Measures

The platform employs robust security protocols to protect user investments and personal information. Utilizing EV SSL encryption ensures that all data transmitted between users and the platform is securely encrypted, safeguarding against potential cyber threats. Dedicated servers are fortified against DDoS attacks, providing uninterrupted service access.

Summary

ZT Mining is a trusted and user-friendly platform that simplifies cryptocurrency mining for all types of investors. With advanced technology, diverse investment plans, and a focus on security and transparency, it has gained the confidence of over 200,000 users worldwide.

FAQs

1. How does ZT Mining ensure the safety of user investments?

ZT Mining employs advanced security measures, including EV SSL encryption and DDoS protection, to safeguard user data and transactions. The platform also provides transparent earnings tracking, ensuring users fully see their investments.

2. Do I need technical knowledge or mining equipment to start with ZT Mining?

No, ZT Mining’s cloud-based system eliminates the need for expensive hardware or specialized technical skills. It offers a simple setup and a user-friendly interface.

3. How can I earn additional income with ZT Mining?

ZT Mining’s affiliate program allows users to earn commissions by referring new clients. Affiliates receive a 3.2% commission on referred investments and bonus rates for indirect referrals. Sharing your unique referral link on social media platforms can help you generate passive income.

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.