S. 1124 · 119th Congress · Senate

Anti-CBDC Surveillance State Act

Active· Introduced in Senate
Introduced
Mar 25, 25
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Anti-CBDC Surveillance State Act 

This bill prohibits a Federal Reserve bank from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency (i.e., a digital dollar). Further, the Board of Governors of the Federal Reserve System is prohibited from using a central bank digital currency to implement monetary policy or from testing, studying, creating, or implementing a central bank digital currency, with exceptions as provided by the bill.

Action Timeline

2
  1. MAR 25, 2025Senate

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  2. MAR 25, 2025Library of Congress

    Introduced in Senate

Committees

1

Banking, Housing, and Urban Affairs Committee

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Referred: Mar 25, 2025

Active