Pipeline · Bill → Law
Step 1
Introduced
Feb 2, 2023
Step 2
Referred
Feb 2, 2023
Financial Services
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
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.
Timeline · 2 actions
Feb 2, 2023
Introduced in House
Feb 2, 2023
Referred to the House Committee on Financial Services.