The head of Chechnya Ramzan Kadyrov has stated that it intends to acquire a stake of bitcoin. About this he wrote in his telegram channel.
“I already said that in the Chechen Republic will implement a blockchain. I am also interested in innovative payment network. I decided to purchase a share of bitcoin to follow the development of cryptocurrency. An investment in bitcoins, of course, thing questionable, you can lose all the money, insurance no no. The more developed the fraud in this segment. But still I am of the opinion that the industry should be clearly regulated by law, but not prohibited. Most importantly, to protect citizens from financial pyramids and other fraudulent schemes,” he wrote.