The Combatting Money Laundering in Cyber Crime Act of 2024 aims to enhance the authority of the United States Secret Service in investigating crimes related to digital asset transactions and tackling international cyber criminal activities. It proposes amendments to expand...
Simple Explanation
The Combatting Money Laundering in Cyber Crime Act of 2024 is like giving the Secret Service more tools to catch bad guys who use the internet to secretly move money or trick banks. It's also going to help make sure the people in charge know how well they're doing at stopping these internet money tricksters.