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US Senators Propose SAFE Crypto Act to Bolster Enforcement Against Rising Cryptocurrency Scams

US Senators Propose SAFE Crypto Act to Bolster Enforcement Against Rising Cryptocurrency Scams

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CoinOtag logoCoinOtagDecember 18, 20251 min read
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The SAFE Crypto Act, introduced by Senators Elissa Slotkin and Jerry Moran on December 17, aims to combat surging cryptocurrency scams by creating a federal task force uniting government agencies and private sector experts. This bipartisan bill addresses enforcement gaps, targeting the $9.3 billion in U.S. losses from 2024 scams through coordinated education and global [...]

private sector experts. This bipartisan bill addresses enforcement gaps, targeting the $9.3 billion in U.S. losses from 2024 scams through coordinated education and global [...]