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In light of the increased incidence of fraud in the field of digital assets, a new bill has been introduced in the US Senate. The initiators were Democrat Elisa Slotkin and Republican Jerry Moran, which highlights the nationwide scale of the problem, regardless of party affiliation. The bill is called the SAFE Crypto Act.

The main idea of the document is the creation of a specialized working group under the US Treasury. It will include not only representatives of law enforcement agencies and financial regulators, but also experts from technology companies. The law provides for the creation of a platform for the exchange of information and analytical data.

The rationale for the bill was provided by the FBI. According to their information, in 2024, Americans lost about $9.3 billion due to investment fraud with cryptocurrencies. People over the age of 60 were particularly vulnerable, with losses of approximately $2.84 billion.

Technology companies are ready to cooperate. TRM Labs, specializing in blockchain analytics, has the necessary tools for investigations. Ari Redboard from TRM Labs emphasized that only close cooperation between the industry and the state will help prevent the use of technology for criminal purposes. The parties plan to jointly develop monitoring systems for detecting and suppressing illegal activity.

The SAFE bill recognizes that in the digital age, neither the state nor business can deal with crime alone. The success of the initiative depends on cooperation between the bureaucracy and technology companies.