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SAFE Crypto Act

In committee: it can still change before the session ends.

US S 3428 · Senate Bill · 119th Congress

Stage
In committee
Started in
Senate
Sponsors
3
Latest action
Dec 10, 2025

What it does

The SAFE Crypto Act would establish a Task Force on Cryptocurrency Scams, chaired by the Secretary of the Treasury, to detect, prevent, and combat cryptocurrency-related fraud through cross-sector collaboration, information sharing, and stakeholder input. The Task Force would include representatives from federal agencies, law enforcement, industry groups (such as digital asset service providers and stablecoin issuers), consumer protection advocates, and state regulators, and would serve without additional compensation. It would be required to submit an initial report within one year of establishment and annual updates thereafter, with the Task Force terminating three years after the initial…

AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Dec 10, 2025

  2. Committee (Current step)

    In committee · Dec 10, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

SAFE Crypto Act | 52