Section 1. Short title
This Act may be cited as the Combating Money Laundering in Cyber Crime Act of 2024.
Section 2. Expansion of United States Secret Services investigative authorities
Section 3056(b) of title 18, United States Code, is amended—
(1) in paragraph (1), by striking or 879 and inserting 879, or 1960; and
(2) in paragraph (2), by striking or at the end;
(3) in paragraph (3)—
(A) by striking federally insured;
(B) by inserting (as such term is defined in section 5312 of title 31) after institution; and
(C) by striking the period at the end and inserting; or; and
(4) by adding at the end the following:
(4) section 5324 of title 31, except that the authority conferred by this paragraph shall be exercised subject to the agreement of the Attorney General and the Secretary of Homeland Security and shall not affect the authority of any other Federal law enforcement agency with respect to those laws.
Section 3. FinCEN Exchange
Section 310(d)(3)(A) of title 31, United States Code, is amended by striking next 5 years and inserting next 10 years.
Section 4. International financial institutions
Section 7125(b) of division F of the National Defense Authorization Act for Fiscal Year 2020 (22 U.S.C. 262p-13 note; Public Law 116–92) is amended by striking 6 and inserting 10.