,,ii #aai? ,,congress #a/ ,session ,s4 #cdbh ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,decemb] #aj1 #bjbe,mr4 ,moran 7= himself & ,ms4 ,slotk97 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to e/abli% a ,task ,=ce = ,recogniz+ & ,av]t+ ,cryptocurr5cy ,scams1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,/r5g!n+ ,ag5cy ,frameworks = ,en=cem5t ( ,cryptocurr5cy ,act or ! ,,safe ,crypto ,act4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,digital asset2 digital asset s]vice provid]2 p]mitt$ paym5t /ableco9 issu] ,! t]ms digital asset2 digital asset s]vice provid]2 & p]mitt$ paym5t /ableco9 issu] h ! mean+s giv5 ^? t]ms 9 section #b ( ! ,,g5ius ,act 7#ab ,u4,s4,c4 #eija71 respectively4 7#b7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ! ,treasury4 7#c7 ,task ,=ce ,! t]m ,task ,=ce means ! ,task ,=ce on ,cryptocurr5cy ,scams e/abli%$ "u section #c7;a74 #c4 ,task ,=ce on ,cryptocurr5cy ,scams 7a7 ,e/abli%m5t ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all e/abli% a task =ce1 to be kn[n z ! ,task ,=ce = ,recogniz+ & ,av]t+ ,cryptocurr5cy ,scams4 7b7 ,memb]%ip 7#a7 ,composition ,! ,task ,=ce %all be *air$ by ! ,secret>y1 or a designee !re(1 & %all consi/ ( ! foll[+ individuals1 or ! designees ( ^! individuals3 7,a7 ,! ,attorney ,g5]al4 7,b7 ,! ,director ( ! ,f9ancial ,crimes ,en=cem5t ,network4 7,c7 ,! ,director ( ! ,unit$ ,/ates ,secret ,s]vice4 7,d7 ,! head ( any o!r relevant ,f$]al dep>tm5t or ag5cy1 z det]m9$ by ! ,secret>y1 9 consultation ) ! ,task ,=ce4 7,e7 ,repres5tatives ( p]mitt$ paym5t /ableco9 issu]s4 7,f7 ,repres5tatives ( digital asset s]vice provid]s4 7,g7 ,repres5tatives ( digital asset cu/odians4 7,h7 ,repres5tatives ( block*a9 intellig5ce provid]s4 7,i7 ,repres5tatives ( victims1 scam support networks1 or o!r relevant consum] protection /akehold]s4 7,j7 ,repres5tatives ( ,f$]al1 ,/ate1 & local law en=cem5t4 7,k7 ,repres5tatives ( any o!r indu/ries1 z det]m9$ necess>y by ! ,secret>y4 7,l7 ,repres5tatives f #a or m ,/ate bank regulatory au?orities4 7#b7 ,t]m ( appo9tm5t ,! t]m ( a memb] ( ! ,task ,=ce %all cont9ue until ! t]m9ation ( ! ,task ,=ce4 7#c7 ,vacancy ,any vacancy occurr+ 9 ! memb]%ip ( ! ,task ,=ce %all be fill$ 9 ! same mann] 9 :i* ! orig9al appo9tm5t 0 made4 7c7 ,purposes ,! purposes ( ! ,task ,=ce include ! foll[+3 7#a7 ,scam detection & prev5tion ,! ,task ,=ce %all exam9e curr5t tr5ds & developm5ts 9 ! f9ancial groom+ scams involv+ digital assets1 id5tify effective me?ods = prev5t+ su* scams1 & issue recomm5dations to enhance ef=ts to id5tify & prev5t su* activities4 7#b7 ,cross-sector approa* ,! ,task ,=ce %all adopt a cross-sector approa* to ensure its recomm5dations reflect ! full scope ( ! issue1 giv5 t scams impact individuals across jurisdictions & a wide range ( indu/ries1 includ+ f9ancial s]vices1 telecommunications1 & te*nology4 7#c7 ,/akehold] insight ,! ,task ,=ce %all include repres5tation f-- 7,a7 /akehold]s ) direct exp]i5ce support+ victims ( scams 7includ+ individuals =c$ to engage 9 ! scams & individuals impact$ by ! scams72 & 7,b7 indu/ry p>ticipants ) insight into-- 7i7 ! organiz$ crime networks p]petrat+ ! scams2 7ii7 digital asset ,a,t,ms2 & 7iii7 prev5tion /rategies1 includ+ foll[+ ! money to detect1 det]1 & dismantle ! organiz$ crime networks4 7#d7 ,in=mation %>+ & int]diction networks ,! ,task ,=ce1 9 coord9ation ) relevant ,f$]al ag5cies1 is enc\rag$ to promote p>ticipation by digital asset s]vice provid]s & p]mitt$ paym5t /ableco9 issu]s 9 public-private1 real-"t in=mation %>+ & int]diction networks design$ to detect1 disrupt1 & prev5t ! (f-ramp+ ( funds associat$ ) scams1 fraud1 & o!r illicit activities4 7#e7 ,enhanc$ asset recov]y me*anisms ,! ,task ,=ce %all "w ) p]mitt$ paym5t /ableco9 issu]s to ensure t ! p]mitt$ paym5t /ableco9 issu]s ma9ta9 & use te*nical capabilities to freeze1 seize1 burn1 or reissue digital assets det]m9$ to be proce$s ( scams or o!r unlawful conduct1 consi/5t ) applicable law & due process protections4 7d7 ,meet+s ,! ,task ,=ce %all meet n less ?an #c times dur+ ! #a-ye> p]iod beg9n+ on ! date ( enactm5t ( ?is ,act1 & !reaft] at su* times & places1 & by su* means1 z ! ,*air ( ! ,task ,=ce det]m9es to be appropriate1 :i* may include ! use ( remote conf]5ce te*nology4 7e7 ,duties ,! duties ( ! ,task ,=ce %all include-- 7#a7 evaluat+ opportunities to use data collect$ by ! ,int]net ,crime ,compla9t ,c5t] database ( ! ,f$]al ,bureau ( ,inve/igation & ! fraud report+ database ( ! ,f$]al ,trade ,commission2 7#b7 evaluat+ be/ practices = combat+ me?ods 7su* z f9ancial groom+ scams1 ,ponzi s*emes1 money laund]+1 organiz$ crime s*emes1 fraudul5t ,initial ,co9 ,(f]+s1 & rug pulls7 us$ by scamm]s1 includ+ means ( id5tify+1 communicat+ )1 & exploit+ victims2 7#c7 assess+ h[ int]national jurisdictions h tri$ to prev5t scams involv+ digital assets2 7#d7 id5tify+ & review+ curr5t me?ods us$ to scam individuals1 includ+ us]s & consum]s1 us+ digital asset int]m$i>ies2 7#e7 det]m9+ a /rategy = education programs t bett] equip individuals1 includ+ consum]s1 to id5tify1 avoid1 & report digital asset scam attempts to ! appropriate law en=cem5t or gov]nm5t au?orities2 7#f7 coord9at+ ef=ts to ensure p]petrators ( scams involv+ digital assets c be id5tifi$ & pursu$ by law en=cem5t2 7#g7 consult+ ) o!r relevant /akehold]s1 includ+ ,/ate1 local1 & ,tribal ag5cies & f9ancial s]vices provid]s2 7#h7 det]m9+ :e!r any additional ,f$]al legislation & full-"t equival5ts w\ld be b5eficial = law en=cem5t & indu/ry 9 mitigat+ scams involv+ digital assets2 & 7#i7 work+ ) int]national gov]nm5ts & law en=cem5t ag5cies to combat digital asset scams1 includ+ by t>get+ ! organiz$ crime networks p]petrat+ scams1 orig9at+ abroad4 7f7 ,comp5sation ,ea* memb] ( ! ,task ,=ce %all s]ve )\t comp5sation1 o!r ?an comp5sation to :i* entitl$ z an employee ( ! ,unit$ ,/ates1 z ! case may be4 7g7 ,report 7#a7 ,9 g5]al ,n lat] ?an #a ye> aft] ! date on :i* ! ,secret>y e/abli%es ! ,task ,=ce1 ! ,task ,=ce %all submit to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate1 ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ( ! ,s5ate1 ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives1 & ! ,committee on ,agriculture ( ! ,h\se ( ,repres5tatives & make publicly available onl9e a report detail+-- 7,a7 ! results ( ! reviews & evaluations ( ! ,task ,=ce "u subsection 7e72 7,b7 ! /rategy id5tifi$ "u subsection 7e72 7,c7 any legislative1 regulatory1 or p]sonnel recomm5dations t w\ld enhance ! ability to detect & prev5t scams involv+ digital assets describ$ 9 subsection 7e72 & 7,d7 recomm5dations to enhance coop]ation among ,f$]al1 ,/ate1 local1 & ,tribal au?orities 9 ! inve/igation & prosecution ( scams & o!r f9ancial crimes1 includ+ h>moniz+ data collection1 improv+ data %>+ processes1 improv+ report+ me*anisms & /reams1 e/imat+ ! numb] ( compla9ts & consum]s affect$1 & evaluat+ ! effectiv5ess ( anti-scam tra9+ programs4 7#b7 ,annual updates ,aft] submitt+ an initial report requir$ "u p>agraph 7#a71 ! ,task ,=ce %all1 on an annual basis1 submit to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate1 ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ( ! ,s5ate1 ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives1 & ! ,committee on ,agriculture ( ! ,h\se ( ,repres5tatives & make publicly available onl9e an updat$ v]sion ( ! report4 7h7 ,applicable law ,*apt] #d ( title #e1 ,unit$ ,/ates ,code1 %all n apply to ! ,task ,=ce4 7i7 ,sunset ,! ,task ,=ce %all t]m9ate on ! date t is #c ye>s aft] ! date on :i* ! ,task ,=ce submits ! report requir$ "u subsection 7g77#a74