The British government will invest more than 6 million pounds to fight against "black money," including criminals who use cryptocurrencies such as bitcoin.

The British government announced today that it will invest more than 6 million pounds to combat "dirty money," including criminals who use cryptocurrencies such as Bitcoin. British ministers, law enforcement agencies and the business community have reached a joint plan that will crack down on criminal activities such as fraud, money laundering, bribery and corruption, starting with the reform of the Suspected Activity Report (SAR) system. The company must disclose unusual activities such as bank accounts to the National Crime Bureau (NCA) through the Suspicious Activity Report (SAR). According to statistics, one out of every 15 people will be a victim of financial fraud, and serious and organized crime will cost the UK £37 billion a year.