Financial Technology Protection Act of 2025

The Financial Technology Protection Act of 2025 creates a new government working group to study how terrorists and criminals use digital assets (like cryptocurrencies) and emerging technologies for illicit activities. The group, composed of federal agencies (Treasury, FBI, Justice, Homeland Security, etc.) and private sector representatives from fintech, blockchain, and privacy organizations, will research threats and develop proposals to strengthen anti-money laundering and counter-terrorism efforts. It must submit annual reports to Congress for four years, detailing findings and recommendations, and will terminate after that period. The bill also requires the President to submit a public report within 180 days on how foreign actors might exploit digital assets to evade sanctions, along with a strategy to prevent such misuse.