Defending Americans from Authoritarian Digital Currencies Act

Hozzl · 2024-03-13T02:41:50Z

Explore the details of Senate Bill 4313 Defending Americans from Authoritarian Digital Currencies Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

3/13/2024, 2:41 AM

Congressional Summary of S 4313

Defending Americans from Authoritarian Digital Currencies Act

This bill prohibits app stores in the United States from carrying or supporting any app that allows transactions using the Chinese government's Digital Currency Electronic Payment system (e-CNY). App stores also may not support or enable transactions in e-CNY in their app stores.

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Current Status of Bill S 4313

Bill S 4313 is currently in the status of Bill Introduced since May 25, 2022. Bill S 4313 was introduced during Congress 117 and was introduced to the Senate on May 25, 2022. Bill S 4313's most recent activity was Read twice and referred to the Committee on Commerce, Science, and Transportation. as of May 25, 2022

Bipartisan Support of Bill S 4313

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 4313

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 4313

Defending Americans from Authoritarian Digital Currencies Act

A bill to prohibit the use of the digital currency payment system operated by the Government of the People's Republic of China, and for other purposes.