Here’s why the Head of the Chechen Republic has such a strong disdain for cryptocurrencies

Cointelegraph

Published Aug 31, 2020 04:06PM ET

Updated Aug 31, 2020 05:40PM ET

The Chechen leader Ramzan Kadyrov shared some harsh comments about cryptocurrencies amid growing interest in the technology amongst Chechnya’s citizens.

According to Pravda, Kadyrov claimed that the media is presenting crypto “as the new gold,” provoking what he calls a kind of Bitcoin (BTC) “fever”:

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