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Code · BILL · 115th Congress · H.R. 2825 (Reported in House) — To amend the Homeland Security Act of 2002 to make certain improvements in the laws administered by the Secretary of... · Sec. 306

Sec. 306. Threat assessment on terrorist use of virtual currency

217 words·~1 min read·/bill/115/hr/2825/rh/section-306·

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Not later than 120 days after the date of the enactment of this Act, the Under Secretary of Homeland Security for Intelligence and Analysis, as authorized by section 201(b)(1) of the Homeland Security Act of 2002 ( 6 U.S.C. 121 ), shall, in coordination with appropriate Federal partners, develop and disseminate a threat assessment regarding the actual and potential threat posed by individuals using virtual currency to carry out activities in furtherance of an act of terrorism, including the provision of material support or resources to a foreign terrorist organization.
Consistent with the protection of classified and confidential unclassified information, the Under Secretary shall share the threat assessment developed under this section with State, local, and tribal law enforcement officials, including officials that operate within State, local, and regional fusion centers through the Department of Homeland Security State, Local, and Regional Fusion Center Initiative established in section 210A of the Homeland Security Act of 2002 ( 6 U.S.C. 124h ).
In this section: The term foreign terrorist organization means an organization designated as a foreign terrorist organization under section 219 of the Immigration and Nationality Act ( 8 U.S.C. 1189 ). The term virtual currency means a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value.
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Sec. 306
Threat assessment on terrorist use of virtual currency
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