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A 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.

5/21/2026, 10:56 AM

Summary of Bill S 4601

This bill, "A 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," was introduced in the 119th Congress on May 20, 2026. Its specific directives aim to prevent money services businesses from participating in transactions related to digital currency issued by the Chinese central bank.

Current Status of Bill S 4601

Bill S 4601 is currently in the status of Bill Introduced since May 20, 2026. Bill S 4601 was introduced during Congress 119 and was introduced to the Senate on May 20, 2026.  Bill S 4601's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of May 20, 2026

Bipartisan Support of Bill S 4601

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4601

Primary Policy Focus

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