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Crypto News: US Congress Gambles on Zero-Budget Task Force After Americans Hemorrhaged $10B to Scams

Key Insights: US Senator Jerry Moran made crypto news by introducing legislation that aimed to create a federal task force dedicated to combating crypto scams. The Strengthening Agency Frameworks for Enforcement of Cryptocurrency Act, or SAFE Crypto Act, tasked the Treasury Secretary with establishing the Task Force for Recognizing and Averting Cryptocurrency Scams within 180 [...]The post Crypto News: US Congress Gambles on Zero-Budget Task Force After Americans Hemorrhaged $10B to Scams appeared first on The Coin Republic.

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