[Congressional Record Volume 171, Number 100 (Wednesday, June 11, 2025)]
[Senate]
[Page S3349]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2355. Ms. CANTWELL submitted an amendment intended to be proposed
by her to the bill S. 1582, to provide for the regulation of payment
stablecoins, and for other purposes; which was ordered to lie on the
table; as follows:
At the appropriate place, insert the following:
SEC. __. INTERAGENCY TASK FORCE ON ILLICIT CRYPTOCURRENCY
ACTIVITIES.
(a) In General.--The Secretary of the Treasury and the
Attorney General shall jointly establish and co-chair an
interagency task force on illicit cryptocurrency activities.
(b) Membership.--The task force established under
subsection (a) shall include representatives from the
following:
(1) The Department of the Treasury.
(2) The Financial Crimes Enforcement Network.
(3) The Office of Foreign Assets Control.
(4) The Internal Revenue Service.
(5) The Department of Justice.
(6) The Federal Bureau of Investigation.
(7) The Drug Enforcement Agency.
(8) The Department of State.
(9) The Department of Homeland Security.
(10) The United States Secret Service.
(11) The Central Intelligence Agency.
(c) Duties.--The duties of the task force established under
subsection (a) shall include--
(1) coordinating investigations and prosecutions of
individuals and entities engaged in illicit activities
relating to digital assets, including money laundering,
terrorism financing, drug and human trafficking, sanctions
evasion, ransomware, and fraud;
(2) coordinating with international partners to pursue
transnational enforcement actions;
(3) providing training and technical assistance to relevant
law enforcement and financial regulatory personnel; and
(4) ensuring, to the maximum extent practicable and
consistent with Federal law, that assets seized or forfeited
through successful prosecutions are returned to the
identifiable victims of the related crimes.
(d) Annual Report.--The Secretary of the Treasury and the
Attorney General shall submit to Congress an annual report
detailing prosecutions, enforcement outcomes, financial
assets recovered, and trends in illicit activities relating
to digital assets.
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