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H.R. 2384 House Finance and Financial Sector

Financial Technology Protection Act of 2025

Introduced
Mar 26, 2025
Sponsor
Rep. Nunn, Zachary (R-IA-3)
View on Congress.gov

STAGE 4 OF 8 — HOUSE FLOOR

Currently in the House. Last action: received in the senate and read twice and referred to the committee on banking, housing, and urban affairs on Jul 22, 2025.

  1. House Introduced in House Mar 26, 2025
  2. House Referred to the House Committee on Financial Services. Mar 26, 2025
  3. House Committee Consideration and Mark-up Session Held Apr 2, 2025
  4. House Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 0. Apr 2, 2025
  5. House Reported (Amended) by the Committee on Financial Services. H. Rept. 119-93. May 6, 2025
  6. House Placed on the Union Calendar, Calendar No. 67. May 6, 2025
  7. House Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended. Jul 21, 2025
  8. House Considered under suspension of the rules. (consideration: CR H3509-3511) Jul 21, 2025
  9. House DEBATE - The House proceeded with forty minutes of debate on H.R. 2384. Jul 21, 2025
  10. House Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3509-3510) Jul 21, 2025
  11. House On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3509-3510) Jul 21, 2025
  12. House Motion to reconsider laid on the table Agreed to without objection. Jul 21, 2025
  13. Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Jul 22, 2025

Cosponsors

4

Subjects

Advanced technology and technological innovationsAdvisory bodiesBanking and financial institutions regulationComputers and information technologyCongressional oversightCurrencyDepartment of the TreasuryDigital mediaFraud offenses and financial crimesGovernment information and archivesGovernment studies and investigationsPresidents and presidential powers, Vice PresidentsSanctionsTerrorism

Committees

  • Banking, Housing, and Urban Affairs Committee
    • [Referred To, Jul 22, 2025]
  • Financial Services Committee
    • [Reported By, May 6, 2025]
    • [Markup By, Apr 2, 2025]
    • [Referred To, Mar 26, 2025]

Summary

Financial Technology Protection Act of 2025 This bill establishes the Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing. The working group must study and report on terrorist and illicit use of digital assets and other related emerging technologies and develop proposals to improve anti-money laundering and counterterrorist financing efforts.The working group terminates four years after the bill's enactment or after the working group completes any ongoing activities, whichever is later.In addition, the Department of the Treasury must (1) report on the potential use of digital assets and other emerging technologies by states, nonstate actors, and terrorist groups for the purpose of evading sanctions to threaten the national security of the United States; and (2) describe a strategy to mitigate and prevent this usage. 

[Summary as of: Introduced in House]

Bill Text

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Related Bills

  • Financial Technology Protection Act of 2025 (Identical bill)

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