S 710 · 119th Congress · Finance and Financial Sector

Crypto ATM Fraud Prevention Act of 2025

Introduced 2025-02-25· Sponsored by Sen. Durbin, Richard J. [D-IL]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1347-1348; text: CR S1348-1350)(2025-02-25)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 710 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 710 To amend title 31, United States Code, to prevent fraudulent transactions at virtual currency kiosks, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES February 25, 2025 Mr. Durbin (for himself, Mr. Blumenthal, Mr. Reed, and Mr. Welch) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To amend title 31, United States Code, to prevent fraudulent transactions at virtual currency kiosks, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Crypto ATM Fraud Prevention Act of 2025''. SEC. 2. REGISTRATION WITH THE SECRETARY OF THE TREASURY. Section 5330 of title 31, United States Code, is amended-- (1) in subsection (d)-- (A) in paragraph (1)(A), by inserting ``, an…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (4)

4 Democrats