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Analyze HR2384 - Financial Technology Protection Act of 2025 | DoTheySupportIt

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Analyze HR2384 - Financial Technology Protection Act of 2025

HR2384

Financial Technology Protection Act of 2025

This bill establishes an Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing. The group, comprising various government agencies, financial technology companies, blockchain intelligence firms, and privacy organizations, will research the illicit use of digital assets and propose legislative and regulatory improvements for anti-money laundering and counter-terrorist financing efforts. It also mandates a presidential report on potential illicit uses of digital assets by rogue actors to evade sanctions or finance terrorism, alongside strategies to mitigate these risks.

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