Imagine cryptocurrency like digital money you can use online. Recently, there's been a lot of talk about whether rules for cryptocurrency should be stricter or looser. This news is about how changing rules could affect people's money.
- Donald Trump wants less strict rules for cryptocurrency in the US.
- An Australian official worries this could make people more likely to lose money to scams.
- Many people lost a lot of money to crypto scams last year.
- Scammers are getting better at tricking people into investing in fake things.
| Fact | Number |
|---|---|
| Money lost to investment scams in Australia in 2023 | $1.3 billion |
| Money lost to pig butchering crypto scams in 2024 | $3.6 billion |
| Money recovered from crypto scams | $1.3 billion |
