London: Britain's government and regulators will look in detail at the potential risks from cryptocurrencies like bitcoin, British junior finance minister John Glen said on Monday.
Glen said there had been an "explosion of growth" in crypto assets like bitcoin, which might pose risks even though the underlying technology has immense potential.
"In our upcoming fintech strategy, the government will announce further work with the Financial Conduct Authority and the Bank of England to consider these issues in more detail," Glen told the Innovate Finance conference.
Britain's finance ministry will hold its own fintech conference on Thursday.
