To require a report on the possible exploitation of virtual currencies by terrorist actors, to authorize a competition program to identify regulatory solutions and develop technology with respect to counter terror threat financing, and for other purposes.
Stop Terrorist Use of Virtual Currencies Act
This bill directs the Department of the Treasury and the Office of the Director of National Intelligence to report on the use of virtual currencies by terrorists. Treasury may establish a grant program to develop and enhance illicit-finance prevention systems.
Introduced in House
Introduced in House
Referred to the Committee on Financial Services, and in addition to the Committee on Intelligence (Permanent Select), for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Financial Services, and in addition to the Committee on Intelligence (Permanent Select), for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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