H.R. 804 · 118th Congress · House

Chinese CBDC Prohibition Act of 2023

Active· Referred to the House Committee on Financial Services.
Introduced
Feb 2, 23
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

3
  1. FEB 02, 2023IntroReferral

    Introduced in House

  2. FEB 02, 2023IntroReferral

    Introduced in House

  3. FEB 02, 2023IntroReferral

    Referred to the House Committee on Financial Services.

Committees

1

Financial Services Committee

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Referred: Feb 2, 2023

Active