United States · Bill · HR
H.R. 296 (117th)
Financial Technology Protection Act
Introduced
13 January 2021
Last action
13 January 2021 · Introduced
Status
Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsors
Sen. Budd, Ted [R-NC], Rep. Davidson, Warren [R-OH-8], Rep. Lynch, Stephen F. [D-MA-8], Rep. Donalds, Byron [R-FL-19], Rep. Soto, Darren [D-FL-9], Rep. Spanberger, Abigail Davis [D-VA-7]
Subjects
Discovery layer
Source updated
7 April 2025
Summary
Financial Technology Protection 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 to Combat Terrorism and Illicit Financing, which must research terrorist and illicit use of new financial technologies and issue an annual report. The Department of the Treasury must establish a fund to provide a reward for a person who provides information leading to the conviction of an individual involved with terrorist use of digital currencies. Additionally, the bill establishes the FinTech Leadership in Innovation and Financial Intelligence Program to support the development of tools and programs to detect terrorist and illicit use of digital currencies.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
13 January 2021
Introduced
Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
13 January 2021
Introduced
Introduced in House
Source: IntroReferral
13 January 2021
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 13 January 2021 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 13 January 2021
Introduced in House (PDF)
Introduced in House · EN · 13 January 2021
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Introduced in House
summary · EN · 13 January 2021
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Budd, Ted [R-NC] · R · Sponsor
- Rep. Davidson, Warren [R-OH-8] · R · Sponsor
- Rep. Lynch, Stephen F. [D-MA-8] · D · Sponsor
- Rep. Donalds, Byron [R-FL-19] · R · Sponsor
- Rep. Soto, Darren [D-FL-9] · D · Sponsor
- Rep. Spanberger, Abigail Davis [D-VA-7] · D · Cosponsor
- · hsbu00 · Standing
- · hsba00 · Standing
Related records
- related to ← Financial Technology Protection Act
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/house-bill/296
- Open data entity: https://api.congress.gov/v3/bill/117/hr/296
- us · 117-hr-296 · source updated 7 April 2025