H R 3364 - Countering America's Adversaries Through Sanctions Act [includes crypto-currency] What became law while you were looking elsewhere.
https://www.congress.gov/bill/115th-congress/house-bill/3364
https://www.congress.gov/115/bills/hr3364/BILLS-115hr3364enr.pdf
H.R.3364 - Countering America's Adversaries Through Sanctions Act
15th Congress (2017-2018)
Sponsor: Rep. Royce, Edward R. [R-CA-39] (Introduced 07/24/2017)
Committees: House - Foreign Affairs; Intelligence (Permanent); Judiciary; Oversight and Government Reform; Armed Services; Financial Services; Rules; Ways and Means; Transportation and Infrastructure
Latest Action: 08/02/2017 Became Public Law No: 115-44.
This bill has the status: Became Law
Passed the House 419-3 (Amash, Duncan, Massie) Recorded vote
Passed the Senate 98-2 (Paul, Sanders) Recorded vote
SUBTITLE C may be of interest to users of crypto currency.
Subtitle C—Combating Terrorism and Illicit Financing
PART 1—NATIONAL STRATEGY FOR COMBATING TERRORIST AND OTHER ILLICIT FINANCING
Sec. 261. Development of national strategy.
Sec. 262. Contents of national strategy.
PART 2—ENHANCING ANTITERRORISM TOOLS OF THE DEPARTMENT OF THE TREASURY
Sec. 271. Improving antiterror finance monitoring of funds transfers.
Sec. 272. Sense of Congress on international cooperation regarding terrorist financing intelligence.
Sec. 273. Examining the counter-terror financing role of the Department of the Treasury in embassies.
Sec. 274. Inclusion of Secretary of the Treasury on the National Security Council.
Sec. 275. Inclusion of all funds.
See particularly, Subtitle C, Section 262, ¶¶ 6-10, and Section 275.
(6) THE ROLE OF THE PRIVATE FINANCIAL SECTOR IN PREVENTION OF ILLICIT FINANCE.—A discussion of ways to enhance partnerships between the private financial sector and Federal departments and agencies with regard to the prevention and detection of illicit finance, including— (A) efforts to facilitate compliance with laws aimed at stopping such illicit finance while maintaining the effectiveness of such efforts; and
(B) providing guidance to strengthen internal controls and to adopt on an industry-wide basis more effective policies.
(7) ENHANCEMENT OF INTERGOVERNMENTAL COOPERATION.—
A discussion of ways to combat illicit finance by enhancing—
(A) cooperative efforts between and among Federal, State, and local officials, including State regulators, State and local prosecutors, and other law enforcement officials; and
(B) cooperative efforts with and between governments of countries and with and between multinational institutions with expertise in fighting illicit finance, including the Financial Action Task Force and the Egmont Group of Financial Intelligence Units.
(8) TREND ANALYSIS OF EMERGING ILLICIT FINANCE THREATS.—A discussion of and data regarding trends in illicit finance, including evolving forms of value transfer such as so-called cryptocurrencies, other methods that are computer, telecommunications, or Internet-based, cyber crime, or any other threats that the Secretary may choose to identify.
(9) BUDGET PRIORITIES.—A multiyear budget plan that identifies sufficient resources needed to successfully execute the full range of missions called for in this section.
(10) TECHNOLOGY ENHANCEMENTS.—An analysis of current and developing ways to leverage technology to improve the effectiveness of efforts to stop the financing of terrorism and other forms of illicit finance, including better integration of open-source data.
[...]
SEC. 275. INCLUSION OF ALL FUNDS.
(a) IN GENERAL.—Section 5326 of title 31, United States Code, is amended—
(1) in the heading of such section, by striking “coin and currency”;
(2) in subsection (a)—
(A) by striking “subtitle and” and inserting “subtitle or to”; and
(B) in paragraph (1)(A), by striking “United States coins or currency (or such other monetary instruments as the Secretary may describe in such order)” and inserting “funds (as the Secretary may describe in such order),”; and
(3) in subsection (b)—
(A) in paragraph (1)(A), by striking “coins or currency (or monetary instruments)” and inserting “funds”; and
(B) in paragraph (2), by striking “coins or currency (or such other monetary instruments as the Secretary may describe in the regulation or order)” and inserting “funds (as the Secretary may describe in the regulation or order)”.
