Crypto Is Banned in Morocco, but Bitcoin Purchases Are Soaring
Peer-to-peer bitcoin trading volumes steadily increased in the country during the last three years.
Crypto and gold aren't in zero-sum competition for investors' attention, says Russell Starr, CEO of Trillium Gold Mines.
The measure, to go into effect April 30, comes as the use of crypto had risen due to a plunge in the price of the lira.
The department has seized around 25 billion won ($22 million) in digital assets from 676 of the alleged tax evaders.
Dogecoin doesn't trade on Coinbase but it has rallied ahead of the exchange's shares trading on the Nasdaq.
BTC will need to break above $60,000 to resume the uptrend.