HR 804
118th Congress
House
Finance and Financial Sector
Chinese CBDC Prohibition Act of 2023
Introduced: February 2, 2023
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 2, 2023
Referred to the House Committee on Financial Services.
Feb 2, 2023
Introduced in House
Plain-English summary
Chinese CBDC Prohibition Act of 2023
This bill prohibits money services businesses (e.g., currency exchange providers or money order issuers) from engaging in transactions involving a central bank digital currency issued by China. Central bank digital currencies are digital currencies issued by a government-backed central bank.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1