No CBDC Act

Hozzl · 2023-12-15T16:06:49Z

Explore the details of Senate Bill 967 No CBDC Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

12/15/2023, 4:06 PM

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.

Congress

118

Number

S - 967

Introduced on

2023-03-23

# Amendments

Variations and Revisions

3/23/2023

Text

PDF

XML

Status of Legislation

Bill Introduced

Introduced to House

House to Vote

Introduced to Senate

Senate to Vote

Purpose and Summary

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.

Alternative Names

Official Title as IntroducedA bill to amend the Federal Reserve Act to limit the ability of Federal Reserve banks to issue central bank digital currency.

Policy Areas

Finance and Financial Sector

Comments

Recent Activity

Latest Summary6/26/2023

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 ...

Latest Action3/23/2023

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.