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Theresa May Talks Bitcoin

The UK Prime Minister said that her government needed to “look” at bitcoin.

Editor’s Remarks: In a talk that touched on the UK’s efforts to monitor illicit online activity, Theresa May said that her government needed to “be looking at” bitcoin “very seriously”. May also spoke of the UK’s relationship with tech companies post-Brexit world, and specifically whether or not her government would take a more lenient stance towards them. The prime minister said that since the UK is already leading the way in artificial intelligence and London is increasingly favoured by young tech companies, Brexit will not cause this to change. May made no mention of whether the sterling would face restrictions in light of it also being used in illegal transactions.

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