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Code · STATUTE-COMPILATIONS · Further Consolidated Appropriations Act, 2020 · Sec. 171

Sec. 171. BRIEFING ON THE IMPACT OF CRYPTOCURRENCIES ON UNITED STATES SANCTIONS

202 words·~1 min read·/statute-compilations/comps-15716/sec-171

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## SEC. 171 BRIEFING ON THE IMPACT OF CRYPTOCURRENCIES ON UNITED STATES SANCTIONS ###
(a)Definition In this section, the term “appropriate congressional committees” means— ####
(1)the Committee on Foreign Relations of the Senate; ####
(2)the Committee on Banking, Housing, and Urban Affairs of the Senate; ####
(3)the Committee on Foreign Affairs of the House of Representatives; and ####
(4)the Committee on Financial Services of the House of Representatives. ###
(b)Methodology Not later than 180 days after the date of the enactment of this Act, the Secretary of State and the Secretary of the Treasury, after consultation with the Chairman of the Securities and Exchange Commission and the Chairman of the Commodity Futures Trading Commission, shall develop a methodology to assess how any digital currency, digital coin, or digital token, that was issued by, for, or on behalf of the Maduro regime is being utilized to circumvent or undermine United States sanctions. ###
(c)Briefing Not later than 180 days after the date of the enactment of this Act, the Secretary of State and the Secretary of the Treasury shall brief the appropriate congressional committees on the methodology developed under subsection (b). ## Subtitle H Miscellaneous Provisions
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