Search Results: keywords:"independent working group"

  • H. R. 2969 — An Act To establish an Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing, and for other purposes.
    Status:Referred in Senate
    Words:1,597

    H.R. 2969, known as the “Financial Technology Protection Act of 2023,” seeks to create an Independent Financial Technology Working Group. This group will be responsible for researching how new financial technologies, like digital assets, could be used for terrorism and...

    Simple Explanation

    H.R. 2969 wants to create a special group to learn how new money technologies, like digital coins, might be used for bad things and to find ways to stop them. It also asks the President to keep an eye on these technologies so they can't be used by bad people.