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Combating Terrorism and Illicit Finance in Digital Technologies.

This act establishes a new working group to research how digital assets and emerging technologies are used for terrorism and illegal activities. The goal is to develop better ways to combat money laundering and terrorist financing, enhancing the nation's financial security and protecting citizens from threats.
Key points
Creation of a special expert group to combat the use of digital technologies in crime.
Development of new regulations and strategies to make it harder for terrorists and criminals to hide money in the digital world.
Enhancing national financial security through better monitoring and prevention of illicit transactions.
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Status: Introduced
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Additional Information
Print number: 119_S_2609
Sponsor: Sen. Budd, Ted [R-NC]
Process start date: 2025-07-31