๐ฐ Crypto Enthusiast | Market Hunter Always on the lookout for the next big move. Riding trends, spotting breakouts, and staying ahead in the crypto game.๐
Crypto scam losses hit $4.6โฏbillion in 2024, showing a ~24% year-over-year increase, according to Bitgetโs 2025 Anti-Scam Report. Nearly 40% of high-value cases involved AI-generated deepfakes impersonating ElonโฏMusk, government leaders, and crypto CEOs .
Chainalysis estimates total losses at $9.9โฏbillion in 2024, attributing much of the growth to generative AI tools making scams more scalable and believable
US Senate Republicans have released a draft bill titled the "Responsible Financial Innovation Act" that builds upon the CLARITY Act passed by the House last week. The bill introduces clear regulatory frameworks for digital assets, including a new "ancillary assets" classification for non-security tokens and a proposed Regulation DA that would exempt certain token sales from SEC registration. ๐ฌWith the Senate's draft bill introducing new asset classifications and regulatory exemptions, how might this shape the future of crypto innovation in the US, and what challenges could arise in its implementation? ๐ Complete daily tasks on Task Center to earn Binance Points: โขย Create a post using #CryptoClarityAct, โขย Share your Traderโs Profile, โขย Or share a trade using the widget to earn 5 points! (Tap the โ+โ on the Binance App homepage and select Task Center) Activity Period: 2025-07-23 06:00 (UTC) to 2025-07-24 06:00 (UTC)#CryptoClarityAct
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