To require the Secretary of the Treasury to develop a public-private partnership program to examine innovative anti-money laundering solutions for decentralized finance services, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To require the Secretary of the Treasury to develop a public-private partnership program to examine innovative anti-money laundering solutions for decentralized finance services, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Technology, Government Operations.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HDFA6466B26BF4095957FB41A841C4631: 1. Short title This Act may be cited as the Compliant Operations of Decentralized Entities Act of 2025 or the the CODE Act of 2025.
- Section HB4A4D7CEDB374575AB75F9C786994607: 2. Findings The Congress finds the following: In 2019, under the Trump Administration, the Financial Crimes Enforcement Network issued guidance (FIN–2019–G001)...
- Section HEFB3337AE72949E5BFF0416605DE12AC: 3. Public-private partnership program for decentralized finance services Not later than 6 months after the date of enactment of this Act, the Secretary of the...
- Section H2EAABEE249F040D49205502B5C85982E: 4. FinCEN advisory Not later than 18 months after the date of enactment of this Act, the Financial Crimes Enforcement Network shall publish an advisory related...
- Section H19068A3154594D6891F7686578819C19: 5. Rulemaking to modernize and strengthen Bank Secrecy Act requirements for decentralized finance services Not later than 30 months after the date of enactment...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To require the Secretary of the Treasury to develop a public-private partnership program to examine innovative anti-money laundering solutions for decentralized finance services, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Technology, Government Operations
Primary Purpose
This bill, To require the Secretary of the Treasury to develop a public-private partnership program to examine innovative anti-money laundering solutions for decentralized finance services, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Casten introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
- "secretary_of_treasury"
- → Secretary of the Treasury
Key Definitions
Terms defined in this bill
an executive branch employee— who is employed in a position listed in section 5312 of title 5, United States Code, or for which the rate of pay is equal to the rate of pay payable for level I of the Executive Schedule
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology