US HB2384

Establishes the Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing, chaired by the Treasury Under Secretary for Terrorism and Financial Crimes, with representatives from 10 federal agencies plus at least 5 private sector appointees from fintech, blockchain intelligence, financial institutions, research organizations, and privacy/civil liberties groups

Requires the Working Group to conduct research on terrorist and illicit use of digital assets and emerging technologies, and develop legislative and regulatory proposals to improve anti-money laundering and counter-terrorist financing efforts

Mandates annual reports to Congress for 4 years detailing findings, determinations, and proposed legislation, with a final report before the Working Group terminates

Requires the President to submit a report within 180 days describing how states, terrorists, and other actors use digital assets to evade sanctions or finance terrorism, along with a U.S. strategy to mitigate such illicit use

Working Group terminates 4 years after enactment, with authority to extend briefly to complete ongoing activities; unobligated funds return to the Treasury upon termination