What does Preamble of Federal Cryptocurrency Theft Enforcement and Coordination Act do?

This bill aims to establish the Federal Cryptocurrency Theft Task Force The bill was introduced to the House of Representatives It was referred to the Committee on the Judiciary

What does SHORT TITLE. of Federal Cryptocurrency Theft Enforcement and Coordination Act do?

This bill is formally titled the Federal Cryptocurrency Theft Enforcement and Coordination Act.

What does FINDINGS. of Federal Cryptocurrency Theft Enforcement and Coordination Act do?

Congress finds cryptocurrency theft and related crimes have increased in frequency and scale Cryptocurrency theft poses a challenge for criminal justice and law enforcement Victims face fragmented responses from authorities due to lack of federal coordination State and local law enforcement lack guidance and training for responding to cryptocurrency theft

What does ESTABLISHMENT OF FEDERAL CRYPTOCURRENCY THEFT TASK FORCE. of Federal Cryptocurrency Theft Enforcement and Coordination Act do?

This section establishes the Federal Cryptocurrency Theft Task Force within the Department of Justice. The Task Force will be known as the Federal Cryptocurrency Theft Task Force. The Attorney General, or their designee, will chair the Task Force. The Task Force's membership will include senior representatives from the Department of Justice, the Federal Bureau of Investigation, the Department of Homeland Security, and the Department of the Treasury. The Attorney General can also include representatives from other federal law enforcement agencies. The Task Force will operate in accordance with Title 18 of the United States Code and other applicable federal criminal statutes.

What does DUTIES OF THE TASK FORCE. of Federal Cryptocurrency Theft Enforcement and Coordination Act do?

The Task Force serves as the primary Federal coordinating body for cryptocurrency theft and related criminal activity It aims to improve coordination among Federal law enforcement agencies The Task Force develops and disseminates best practices for law enforcement agencies It provides technical assistance and training to State and local law enforcement agencies The Task Force facilitates information sharing among law enforcement agencies It identifies and reports challenges and gaps in existing criminal enforcement authorities The Task Force coordinates with international law enforcement partners on cross-border investigations

What does STATE AND LOCAL LAW ENFORCEMENT COORDINATION. of Federal Cryptocurrency Theft Enforcement and Coordination Act do?

This section establishes requirements for State and local law enforcement coordination. The Task Force is directed to conduct outreach to State and local law enforcement agencies. The purpose of this outreach is to gather information to improve investigative coordination and referral processes related to cryptocurrency theft. Participation by State, local, Tribal, or territorial governments in activities under this Act is voluntary.

What does CRYPTOCURRENCY THEFT DESCRIBED. of Federal Cryptocurrency Theft Enforcement and Coordination Act do?

This section defines cryptocurrency theft Cryptocurrency theft involves unauthorized use or transfer It includes gaining access by fraudulent means

What does REPORT TO CONGRESS. of Federal Cryptocurrency Theft Enforcement and Coordination Act do?

The Attorney General must submit a report to Congress annually The report includes a summary of the Task Force's activities The report covers trends and emerging threats in cryptocurrency theft The report assesses coordination with State and local law enforcement The report provides recommendations for legislative or administrative actions

What does RULE OF CONSTRUCTION. of Federal Cryptocurrency Theft Enforcement and Coordination Act do?

This section establishes rules of construction for the Act. The Act does not authorize the regulation of cryptocurrency, digital asset markets, financial institutions, or financial products. The Act does not expand or limit the regulatory authority of any Federal agency. The Act does not create any new criminal offenses. The Act does not create any private right of action.

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Federal Cryptocurrency Theft Enforcement and Coordination Act

Last updated: 6/11/2026 · Introduced: 6/11/2026

Author: Lance Gooden (R-TX)

TL;DR (AI)

The bill establishes the Federal Cryptocurrency Theft Task Force within the Department of Justice to coordinate federal efforts to combat cryptocurrency theft and related crimes.
The Task Force will provide technical assistance and training to state and local law enforcement agencies to improve their response to cryptocurrency theft and facilitate information sharing among agencies.
The Attorney General is required to submit an annual report to Congress on the Task Force's activities, trends and emerging threats in cryptocurrency theft, and recommendations for legislative or administrative actions.

119th Congressin committeeOfficial page

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Includes provisions on preamble, short title., and 7 more.

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