Nigeria is the only other country in the world that treats Bitcoin as a security. Why?


Sixteen years after it launched as a libertarian experiment to sidestep government control, Bitcoin still defies easy classification. Is it money, a speculative asset, or simply digital gold? For regulators, particularly in emerging markets like Nigeria, that question is far from academic.


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Nigeria is the only other country in the world that treats Bitcoin as a security. Why?

Sixteen years after it launched as a libertarian experiment to sidestep government control, Bitcoin still defies easy classification. Is it money, a speculative asset, or simply digital gold? For regulators, particularly in emerging markets like Nigeria, that question is far from academic.

Read Full Story

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