Senators Elissa Slotkin and Jerry Moran introduced a bipartisan bill to combat cryptocurrency scams.
The proposal aims to create a federal task force to identify, track, and disrupt cryptocurrency fraud.
📖The bill creates a task force to analyze trends in digital asset scams and develop effective prevention methods.
The task force will also provide enhanced investigative tools for local law enforcement and increase public awareness of common cryptocurrency scams.
."🗯️ It is essential that we protect Americans from scams in all sectors, but especially cryptocurrency as it becomes more popular"
Sen. Slotkin said in the statement.
"🗯️ This task force, established by the SAFE Cryptocurrency Act, will allow us to leverage all the resources we have to combat fraud in digital assets."
