PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Financial Services.
Congressional Research Service
Version 00 · 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.
People & committees
Rep. Budd, Ted [R-NC-13] · R–NC
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
Text links open the official source. We currently store references to these documents.
Source last updated: Aug 11, 2025. Consult Congress.gov for the current record.
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