📣Nigeria's crypto community is all thumbs up for Europe's Markets in Crypto-Assets Regulation (MiCA) stablecoin rules, calling it a win for local currencies. Obinna Uzoije, a Nigerian data and policy analyst, believes the Economic Community of West African States (ECOWAS) can learn a lot from MiCA. Stablecoins, he says, are the hottest crypto assets in Africa right now. The MiCA's "Stablecoins Regime" is set to kick off on June 30, 2024, and it's a big deal for crypto regulation in Europe and beyond. Uzoije thinks ECOWAS, under the leadership of Nigerian President Bola Tinubu, can use this as a chance to develop a crypto regulatory framework. This could attract more investors by addressing regulatory uncertainty, a major global drawback of crypto investment. Clear regulations could also help fight money laundering and terrorism financing. So, ECOWAS, ready to take a page out of MiCA's book?