H.R. 4752 · 115th Congress
Financial Technology Innovation and Defense Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
BuddSponsorNo cosponsors.
This bill provides for the investigation of new financial technologies (e.g., digital currencies) and their use in terrorism and other illicit activities. Specifically, the bill:
What it does: CRS summary · Introduced in House · Jan 10, 2018
Financial Technology Innovation and Defense Act
This bill provides for the investigation of new financial technologies (e.g., digital currencies) and their use in terrorism and other illicit activities. Specifically, the bill:
- establishes the Independent Financial Technology Task Force, which must report annually on such matters;
- establishes the FinTech Leadership in Innovation Fund to support the development of tools and programs to detect such activity; and
- directs the Department of the Treasury to provide a reward for a person who provides information regarding terrorist use of digital currencies.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Financial Technology Innovation and Defense Act
Latest action (Jan 10, 2018): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jan 10, 2018
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.