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Financial Technology Protection Act of 2025

In committee: it can still change before the session ends.

US S 2609 · Senate Bill · 119th Congress

Stage
In committee
Started in
Senate
Sponsors
3
Latest action
Jul 31, 2025

What it does

Financial Technology Protection Act of 2025 This bill establishes the Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing. The working group must study and report on terrorist and illicit use of digital assets and other related emerging technologies and develop proposals to improve anti-money laundering and counterterrorist financing efforts. The working group terminates four years after the bill's enactment or after the working group completes any ongoing activities, whichever is later. In addition, the Department of the Treasury must (1) report on the potential use of digital assets and other emerging technologies by states, nonstate actors, and…

Official summary · Introduced in Senate · Jul 31, 2025

Titles and provisions can change as the bill moves.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Jul 31, 2025

  2. Committee (Current step)

    In committee · Jul 31, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Financial Technology Protection Act of 2025 | 52