U.S. Plans to Establish a Task Force for Crypto Asset Supervision
The US House of Representatives unanimously passed the Financial Technology Protection Act (H.R.2969), which seeks to create a specialized task force to tackle the use of digital assets in criminal activities.
The US House of Representatives unanimously passed the Financial Technology Protection Act (H.R.2969), which seeks to create a specialized task force to tackle the use of digital assets in criminal activities.
The task force will track transactions linked to terrorism financing and other crimes, as well as develop and suggest new regulations.
Per the proposal, the new team will work under the US Department of the Treasury. The plan is to involve representatives from several government bodies, including the CIA and the Secret Service, as well as those from the private sector. The task force will also feature five crypto industry leaders—entities from the fintech sector, accompanied by research organizations.
This bipartisan bill will help ensure the United States is prepared to address security risks and prevent illicit money laundering while also protecting consumer choice for all Americans. We must do both simultaneously to ensure the long-term integrity of digital assets,
stated Congressman Zach Nunn, the bill's sponsor.
Financial Technology Protection Act был подан на рассмотрение 27 апреля 2023 года.
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