Bill115th CongressFiled Jan 10, 2018Finance and Financial Sector
H.R. 4752
Financial Technology Innovation and Defense Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary 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.
What just happenedJan 10, 2018
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Budd, Ted [R-NC-13](R-NC)Sponsor
1committees3actions1related bills12subjects
- Introduced in HouseJan 10, 2018
- Jan 10, 2018IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jan 10, 2018IntroReferralIntro-H
Introduced in House
- Jan 10, 2018IntroReferral1000
Introduced in House