Financial Technology Innovation Bill
Official: Securing Innovation in Financial Regulation Act
IntroducedJune 3, 2025
Why This Matters
This bill sets up a new committee and office to help regulate and promote innovation in financial technology. It aims to ensure that new financial tools are safe and beneficial for the public.
If you work in financial technology, this bill could help you navigate regulations and promote your innovations.
Affects: Businesses and individuals working in financial technology fields.
What changes is this bill making?
1. This bill creates a committee to support new technologies in finance. 2. The committee will help businesses understand financial regulations. 3. It establishes LabCFTC to promote fair competition in financial technology. 4. LabCFTC will provide information and outreach to technology innovators. 5. The bill requires annual reports on the committee's activities.
Who is affected?
Businesses and individuals working in financial technology fields.