S3428Referred to Committee

SAFE Crypto Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-12-10
Introduced
2
Cosponsors
S
ⓘ
Type

Sponsor

Jerry Moran
Jerry Moran
Republican · KS · Senator
Votes with party: 74.1% (810 recorded votes)

Full profile: /officials/M000934

Source: Congress.gov · FEC

Cosponsors (2)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2025-12-10

Source: Congress.gov

Committee Activity

Previously

Plain-English Summary

The legislation would establish new regulatory rules for cryptocurrency exchanges and digital asset platforms to protect consumers from fraud and financial losses. It would require these companies to follow similar safety standards as traditional banks, including keeping customer funds secure and being transparent about their operations. The rules would affect crypto trading platforms, investors who buy and sell digital currencies, and the companies operating in the cryptocurrency industry.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Finance and Financial Sector
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