Senators Introduce SAFE Crypto Act to Target Cryptocurrency Scams
On Dec. 18, 2025, Senator Jerry Moran and Representative Elissa Slotkin unveiled the SAFE Crypto Act, a bipartisan effort focused on combating cryptocurrency-related fraud. Sponsors say the measure targets scams in the digital-asset space and seeks to give authorities stronger tools to protect investors and pursue bad actors, but detailed provisions have not yet been released.
The proposal is likely to draw scrutiny from exchanges, custodians and consumer advocates as lawmakers and regulators watch for specifics. Market participants say any new enforcement measures or reporting requirements could change compliance priorities and affect how firms manage risk. Observers will be looking for the bill's legislative text and the timetable for hearings, since the outcome could influence broader debates on crypto oversight and investor confidence.