3.0.0 2609 2026-04-20T15:22:32Z 2026-04-20T15:22:32Z Senate S S 2025-07-31 119 https://www.congress.gov/bill/119th-congress/senate-bill/2609 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred To 2025-07-31T18:51:30Z Financial Technology Protection Act of 2025 119 2384 HR 2025-07-22 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Identical bill CRS 2025-07-31 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2025-07-31 Introduced in Senate IntroReferral 10000 9 Library of Congress B001305 Sen. Budd, Ted [R-NC] Ted Budd R NC N L000571 Sen. Lummis, Cynthia M. [R-WY] Cynthia Lummis R WY M. 2025-07-31 True G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. 2025-07-31 True Finance and Financial Sector Finance and Financial Sector 2025-09-18T19:08:07Z 00 2025-07-31 Introduced in Senate 2026-04-20T15:21:48Z Financial Technology Protection Act of 2025

This bill establishes the Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing. The working group must study and report on terrorist and illicit use of digital assets and other related emerging technologies and develop proposals to improve anti-money laundering and counterterrorist financing efforts.

The working group terminates four years after the bill's enactment or after the working group completes any ongoing activities, whichever is later.

In addition, the Department of the Treasury must (1) report on the potential use of digital assets and other emerging technologies by states, nonstate actors, and terrorist groups for the purpose of evading sanctions to threaten the national security of the United States; and (2) describe a strategy to mitigate and prevent this usage. 

]]> Financial Technology Protection Act of 2025 Display Title 45 Financial Technology Protection Act of 2025 2025-08-09T03:53:26Z Short Title(s) as Introduced 101 Financial Technology Protection Act of 2025 2025-08-09T03:53:24Z Introduced in Senate IS Official Title as Introduced 6 A bill to establish an Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing, and for other purposes. 2025-08-09T03:48:31Z Introduced in Senate IS Introduced in Senate 2025-07-31T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119s2609is/xml/BILLS-119s2609is.xml 2025-07-31 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.