# 115-hr-4752: Financial Technology Innovation and Defense Act

115-hr-4752, Financial Technology Innovation and Defense Act, is a 115th Congress bill sponsored by Sen. Budd, Ted [R-NC] (R-NC); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-4752
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-4752
- Congress: 115
- Title: Financial Technology Innovation and Defense Act
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2018-01-10
- Sponsor: Sen. Budd, Ted [R-NC] (R-NC)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

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.

## Related bills

- 115-hr-7394: To prohibit the Federal financial regulators from requiring compliance with the accounting standards update of the Financial Accounting Standards Board related…
- 115-hr-7361: To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency.
- 115-hr-7229: Student Rights Act of 2018
- 115-hr-7225: U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2018
- 115-hr-7224: Virtual Currency Consumer Protection Act of 2018
- 115-hr-7085: Veterans BOND Act

## Sources
- [115-hr-4752 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/4752)

## Related
- [115-hr-7394: To prohibit the Federal financial regulators from requiring compliance with the…](https://policyrisk.com/legislation/115-hr-7394)
- [115-hr-7361: To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss o…](https://policyrisk.com/legislation/115-hr-7361)
- [115-hr-7229: Student Rights Act of 2018](https://policyrisk.com/legislation/115-hr-7229)
- [115-hr-7225: U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2018](https://policyrisk.com/legislation/115-hr-7225)
- [115-hr-7224: Virtual Currency Consumer Protection Act of 2018](https://policyrisk.com/legislation/115-hr-7224)
- [115-hr-7085: Veterans BOND Act](https://policyrisk.com/legislation/115-hr-7085)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-4752 (as of 2025-11-18).
