ECB official backs bitcoin clampdown

Yves Mersch joins growing list of experts calling for restrictions on cryptocurrencies• What the experts have said about bitcoin
A top European Central Bank policymaker has joined calls for a global clampdown on virtual currencies such as bitcoin because of their threat to financial stability.Yves Mersch, a member of the ECB’s executive board, said the central bank shared the views voiced by Agustín Carstens, the head of the Bank for International Settlements, who on Monday con