Anti-CBDC Surveillance State Act
- Last Action
- 3/25/2025
Actions
- 2025-03-25Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2025-03-25Introduced in Senate
CRS Summary
As of 2025-03-25 (00)
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.
Cosponsors (8)
- Ted Budd (R-NC)
- Kevin Cramer (R-ND)
- Thomas Tillis (R-NC)
- Bernie Moreno (R-OH)
- Cynthia Lummis (R-WY)
- Jon Husted (R-OH)
- Bill Hagerty (R-TN)
- Rick Scott (R-FL)
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.