The Financial Technology Protection Act of 2025 establishes an Independent Financial Technology Working Group to combat terrorism and illicit financing, with a focus on digital assets and emerging technologies. Its duties include researching illicit uses of digital assets, developing anti–money laundering and counter-terrorism financing proposals, and issuing annual reports over a four-year period. The Working Group will terminate after four years unless it is needed to complete pending activities, with any unused funds returned to the Treasury.
Read more at FCC Times https://www.fcctimes.com/2025/07/22/u-s-enacts-financial-technology-protection-act-of-2025-to-curb-illicit-digital-asset-use/?utm_source=RZOLUTWebsite&utm_medium=FCCRegUpdate28Aug25
