PRIA Logo™
115-hr-5036115th Congress

Financial Technology Protection Act

Sponsored By: Representative Budd, Ted [R-NC]

Unknown

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, which must report annually on such matters; establishes the FinTech Leadership in Innovation Program to support the development of tools and programs to detect such activities; and directs the Department of the Treasury to provide a reward for a person who provides information regarding terrorist use of digital currencies.

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Budd, Ted [R-NC]

NC • R

Cosponsors

  • Rep. Lynch, Stephen F. [D-MA-8]

    MA • D

    Sponsored 2/15/2018

  • Rep. Sinema, Kyrsten [D-AZ-9]

    AZ • D

    Sponsored 6/8/2018

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation