Nigeria should classify BTC and Ether as commodities – but it won’t

The recent Illinois court decision that classifies Bitcoin and Ether as commodities has triggered a heated debate in Nigeria. Many stakeholders are now pushing the Nigerian Securities and Exchange Commission (SEC) to take a similar stand. It probably won’t though. In an interview, Lucky Uwakwe, chairman of the Blockchain Industry Coordinating Committee of Nigeria (BICCoN), […] source: https://www.cryptopolitan.com/nigeria-btc-and-ether-as-commodities/