Nigerian analyst Obinna Uzoye praised the new European stablecoin regulations (MiCA), calling them an important step to protect national currencies. 🌍 Uzoye emphasized that stablecoins are the most popular type of crypto assets in Africa. From 30 June 2024, MiCA requires issuers and other entities to obtain a MiCA license to publicly offer or trade asset-related tokens (ARTs) or electronic money tokens (EMTs) in the EU. Uzoye proposes to develop similar regulation in ECOWAS, which will attract more investors, eliminate uncertainty and help in the fight against money laundering.