Lew: Dimon and I share ‘incredulity' on bitcoin     Text Size  
Published: Thursday, 23 Jan 2014 | 8:03 AM ET By: | Producer,
CNBC's "Squawk Box" Bitcoin phenomenon needs more study: Lew
Thursday, 23 Jan 2014 | 7:15 AM ET U.S. Treasury Secretary Jack
Lew comments on the "phenomenon" of bitcoin. "We have to make
sure it doesn't become an avenue to funding illegal activities,"
Lew says.  Treasury Secretary Jack Lew called bitcoin a
"phenomenon," but told CNBC on Thursday that the U.S. government
needs to make sure the digital currency doesn't become a funding
haven for criminals and terrorists.  In an interview at the
World Economic Forum in Davos, Switzerland, Lew told "Squawk
Box" he has spoken to JPMorgan Chairman and CEO Jamie Dimon
about bitcoin, and the two share a certain "incredulity" about
it.  (Read more: Dimon: Economy starting to fire on all
cylinders)  "From the government's perspective, we have to make
sure [bitcoin] does not become avenue to funding illegal
activities or to funding activities tha