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SENATE 967118th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

No CBDC Act

Last Action
3/23/2023

Actions

  • 2023-03-23Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2023-03-23Introduced in Senate

CRS Summary

As of 2023-03-23 (00)

No Central Bank Digital Currency Act or the No CBDC Act

This bill generally prohibits the Federal Reserve Board, Federal Reserve Banks, the Department of the Treasury, and other agencies from issuing or using a central bank digital currency.

Cosponsors (3)

  • Mike Braun (R-IN)
  • Ted Cruz (R-TX)
  • Rick Scott (R-FL)
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.