What took them so long? They’ve already missed a huge revenue opportunity. This action was probably influenced global trend now and also maybe by Trump’s statement about considering Bitcoin as a legal reserve. In addition, they’re likely seeing institutional investors entering the space. In fact, the market is already so wide and globally recognized.
If they still feel the risk, then it’s clear the government lacks leaders with brilliant ideas. Risks can always be managed, but the potential tax revenue is something they shouldn’t overlook.
Well it's better late than never. Just has Donald Trump wasn't friendly with Bitcoin on his first time as president he is friendly with Bitcoin now so it's all Good. I think we are filling to see that Morocco is an Islamic country and they may have had some religious sentiments to over come before legalising Bitcoin or Crypto-currency in general.
What ever the case may be I believe it's time countries start to see that Bitcoin does them more good than harm. Legalising it doesn't mean the ban of their traditional Fiat system but giving an opportunity to a fast, effective, transparent form of financial transactions and services.