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Code · BILL · 116th Congress · H.R. 56 (Engrossed in House) — To establish an Independent Financial Technology Task Force to Combat Terrorism and Illicit Financing, to provide rew... · Sec. 4

Sec. 4. Rewards for information related to terrorist use of digital currencies

121 words·~1 min read·/bill/116/hr/56/eh/section-4

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The Secretary of the Treasury, in consultation with the Attorney General, shall establish a fund to pay a reward, not to exceed $450,000, to any person who provides information leading to the conviction of an individual involved with terrorist use of digital currencies. With respect to fines and forfeitures related to the conviction of an individual involved with terrorist use of digital currencies, the Secretary of the Treasury shall, subject to the availability of appropriations made in advance— use such amounts to pay rewards under this section related to such conviction; and with respect to any such amounts remaining after payments are made under paragraphs
(1)and (2), deposit such amounts in the Fintech Leadership in Innovation and Financial Intelligence Program.
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