Senators Slotkin and Moran unveil SAFE Crypto Act to fight digital asset fraud

U.S. Senators Elissa Slotkin and Jerry Moran introduced the SAFE Crypto Act, proposing a Treasury-led task force to coordinate law enforcement and financial regulators against crypto scams. The bill centers on prevention and local enforcement support rather than market rules. Bitcoin traded at $89,337.71 at the last update on December 17, 2025.