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May Says She’ll Look ‘Very Seriously’ at Action on Bitcoin

Bloomberg business news
Cryptocurrencies are something we need to supervise "very seriously," May says.Source: Bloomberg

U.K. Prime Minister Theresa May has promised to consider clamping down on Bitcoin as she raised concerns that cryptocurrencies are being used by criminals.

“In areas like cryptocurrencies, like Bitcoin, we should be looking at these very seriously,” May said in a television interview in Davos with Bloomberg’s Editor-in-Chief John Micklethwait. Action on crypto-currencies may be needed “precisely because of the way they are used, particularly by criminals,” she said.