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Chinese CBDC Prohibition Act of 2026
6/5/2026, 6:11 PM
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.
Read the Full Bill
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
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4601
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill S 4601
Chinese CBDC Prohibition Act of 2026
Chinese CBDC Prohibition Act of 2026
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.
Comments
Sponsors and Cosponsors of S 4601
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