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S. 4601 (119th Congress)Committee
Sign in to get alertsA bill to prohibit money services businesses from engaging in any transaction that involves a central bank digital currency issued by the People's Republic of China, and for other purposes.
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Summary
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Based on the bill's title, this legislation would prohibit money services businesses from conducting transactions involving a central bank digital currency (CBDC) issued by China. The bill has been referred to the Senate Committee on Banking, Housing, and Urban Affairs for consideration.
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