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
The bill adds or tightens a reporting req, compliance mandate, product standard provision: 2, expands a appropriation, compliance mandate, product standard provision: 3, and adds or tightens a compliance mandate, procurement, trade restriction provision: 5. It relies on compliance mandates, reporting requirements, product standards, and procurement rules. The main policy areas are Finance and Defense.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Adds or tightens a reporting req, compliance mandate, product standard provision: 2.
- Expands a appropriation, compliance mandate, product standard provision: 3.
- Adds or tightens a compliance mandate, procurement, trade restriction provision: 5.
- Adds or tightens a reporting req, procurement, definition change provision: 6.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill adds or tightens a reporting req, compliance mandate, product standard provision: 2, expands a appropriation, compliance mandate, product standard provision: 3, and adds or tightens a compliance mandate, procurement, trade restriction provision: 5.
Key Policy Areas
Finance, Defense
Primary Purpose
The bill adds or tightens a reporting req, compliance mandate, product standard provision: 2, expands a appropriation, compliance mandate, product standard provision: 3, and adds or tightens a compliance mandate, procurement, trade restriction provision: 5.
Policy Domains
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