The Treasury must seek public comment on new ways to detect illicit activity
What the document says“Beginning on the date that is 30 days after the date of enactment of this Act, and for a period of 60 days thereafter, the Secretary of the Treasury shall seek public comment to identify innovative or novel methods, techniques, or strategies that regulated financial institutions use, or have the potential to use, to detect illicit activity, such as money laundering, involving digital assets”
Subsection (a). The comment period opens 30 days after enactment and runs for 60 days. The Act was approved July 18, 2025. Four subjects are named for comment: application program interfaces, artificial intelligence, digital identify verification as printed, and use of blockchain technology and monitoring.
What the document actually says“Beginning on the date that is 30 days after the date of enactment of this Act, and for a period of 60 days thereafter, the Secretary of the Treasury shall seek public comment to identify innovative or novel methods, techniques, or strategies that regulated financial institutions use, or have the potential to use, to detect illicit activity, such as money laundering, involving digital assets”
The Treasury must ask the public for ideas. It starts 30 days after the law passed. It runs for 60 days. The ideas are about spotting crime in digital assets.
The law names four subjects to ask about. One is software that lets systems talk. One is artificial intelligence. One is proving who a person is. One is watching a shared ledger.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.