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HOUSE 804118th CongressReferred to the House Committee on Science, Space, and Technology.

Expressing support for the designation of the week of October 15 through 21, 2023, as "National Chemistry Week".

Last Action
10/25/2023

Actions

  • 2023-02-02Referred to the House Committee on Financial Services.
  • 2023-02-02Introduced in House
  • 2023-02-02Introduced in House

CRS Summary

As of 2023-02-02 (00)

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.

Cosponsors (8)

  • J. Hill (R-AR)
  • Erin Houchin (R-IN)
  • Debbie Lesko (R-AZ)
  • Monica De La Cruz (R-TX)
  • Andy Barr (R-KY)
  • Barry Moore (R-AL)
  • Michael Lawler (R-NY)
  • Tom Emmer (R-MN)
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.