S. 3784 · 117th Congress · Senate

Say No to the Silk Road Act

Active· Read twice and referred to the Committee on Foreign Relations.
Introduced
Mar 8, 22
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Say No to the Silk Road Act

This bill requires various actions pertaining to China's sovereign digital currency.

Specifically, the bill requires (1) the Office of Management and Budget to develop guidance for executive agencies pertaining to security requirements for the use of China's sovereign digital currency, (2) countries accepting assistance through the Foreign Military Financing Program to disclose any use of such currency as a settlement or reserve currency, and (3) the Department of State to include on its public website a warning for travelers about the dangers of such currency.

Action Timeline

2
  1. MAR 08, 2022IntroReferral

    Introduced in Senate

  2. MAR 08, 2022IntroReferral

    Read twice and referred to the Committee on Foreign Relations.

Committees

1

Foreign Relations Committee

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Referred: Mar 8, 2022

Active