H.R.7067: Closing Loopholes in Russia Sanctions Act of 2022

About This Bill

  • Introduced March 11, 2022
  • Latest Major Action March 11, 2022

Bill Version

Bill Summary

Closing Loopholes in Russia Sanctions Act of 2022 This bill requires and authorizes various actions relating to digital assets, such as cryptocurrencies, and sanctions relating to Russia. Specifically, the bill (1) authorizes the President to impose sanctions on a foreign person (i.e., individual or entity) in the digital asset industry that facilitates transactions involving persons subject to U.S. sanctions relating to Russia; (2) prohibits...

(Source: Library of Congress)

Bill Actions

Date Description
March 11, 2022
Referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
March 11, 2022

Introduced in the House by Brad Sherman (D-Calif.)

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