Crapo signed onto the SAFE Crypto Act, saying it would establish a task force to strengthen collaboration among law enforcement and financial regulators and help safeguard consumers from growing cryptocurrency fraud.
Support the SAFE Crypto Act to establish a task force that strengthens collaboration among law enforcement and financial regulators and helps safeguard consumers from cryptocurrency fraud.
Occurrences
Evidence
unverified · Source version 61926 · locator unknown
U.S. Senator Mike Crapo “signed onto” the SAFE Crypto Act, and his office said the bill would establish an inter-governmental task force to help identify and combat cryptocurrency-related fraud.
unverified · Source version 61925 · locator unknown
The Congressional Record states that, at Mr. Moran’s request, “the name of the Senator from Idaho (Mr. Crapo) was added as a cosponsor of S. 3428,” the SAFE Crypto Act.
unverified · Source version 61925 · locator unknown
"the name of the Senator from Idaho (Mr. CRAPO) was added as a cosponsor of S. 3428"
unverified · Source version 61926 · locator unknown
"Crapo signed onto the Strengthening Agency Frameworks for Enforcement of Cryptocurrency (SAFE Crypto) Act"
Assessments
The promise was to support the SAFE Crypto Act, not to ensure the bill itself became law. In Mike Crapo’s current federal office context as a sitting U.S. senator, official evidence shows he became a cosponsor of S. 3428, the SAFE Crypto Act, during the current Senate term, and his office publicly confirmed that support. Cosponsoring the bill is a direct, material action that satisfies a promise to support the measure.
Crapo fulfilled the promise by signing on as a cosponsor of the SAFE Crypto Act during his current Senate term. The promised action was to support the Act, not necessarily to secure final enactment, and the official Senate record plus his office's release show he materially backed the bill aimed at creating the described intergovernmental cryptocurrency fraud task force.