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Strengthening Fight Against Money Laundering in Cybercrime

This new law expands the Secret Service's powers to investigate crimes involving digital transactions, such as money laundering and financial fraud. This aims to enhance citizens' financial security in the digital world and more effectively combat organized crime.
Key points
The Secret Service gains broader authority to investigate crimes related to digital assets and fraud.
The period for financial information exchange is extended, aiming to improve detection of illegal activities.
The government will study law enforcement's ability to identify and deter money laundering in cybercrimes.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_1273
Sponsor: Sen. Cortez Masto, Catherine [D-NV]
Process start date: 2025-04-03
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

Combatting Money Laundering in Cyber Crime Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_1273.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-04-03.

What are the main provisions?

Key points include:

  • The Secret Service gains broader authority to investigate crimes related to digital assets and fraud.
  • The period for financial information exchange is extended, aiming to improve detection of illegal activities.
  • The government will study law enforcement's ability to identify and deter money laundering in cybercrimes.
What is the specific legal status?

The current status is Introduced.

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 Sen. Cortez Masto, Catherine [D-NV].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Security Courts and Law Economy