Bill > HR5227

This bill, the Preventing Rogue and Foreign Actors From Evading Sanctions Act, requires the President to submit a report and strategy to the appropriate congressional committees within 180 days of the bill's enactment. The report must identify and describe the potential uses of virtual currencies and other emerging technologies by states, non-state actors, and foreign terrorist organizations to evade sanctions, finance terrorism, or launder monetary instruments, and threaten U.S. national security. The strategy must aim to mitigate and prevent such illicit use of these technologies. The bill also requires the Secretary of the Treasury to brief the appropriate congressional committees on the implementation of the strategy within two years of the bill's enactment.

Business and Industry

https://www.congress.gov/bill/115th-congress/house-bill/5227/all-info