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Protecting Against Terrorism and Illicit Digital Financing

This act establishes a new working group to research how digital money and new technologies are used to fund terrorism and other illegal activities. The goal is to develop better ways to combat these threats, which can enhance citizens' financial security and protect against fraud.
Key points
Creation of a special expert group to combat the use of digital technologies in crime.
The group will research threats and propose new regulations to protect citizens from illicit transactions.
The President will present a strategy to prevent sanctions evasion through digital assets, aiming to enhance national security.
article Official text account_balance Process page
Passed House
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_2384
Sponsor: Rep. Nunn, Zachary [R-IA-3]
Process start date: 2025-03-26
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Financial Technology Protection Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_2384.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-03-26.

What are the main provisions?

Key points include:

  • Creation of a special expert group to combat the use of digital technologies in crime.
  • The group will research threats and propose new regulations to protect citizens from illicit transactions.
  • The President will present a strategy to prevent sanctions evasion through digital assets, aiming to enhance national security.
What is the specific legal status?

The current status is Passed House.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Nunn, Zachary [R-IA-3].

What is the latest detailed status?

The latest detailed status is: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3509-3510)

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Security Courts and Law Economy