Progress

Current status
rejected
03 Jan 2023 rejected
28 Mar 2022 under deliberation

Scope

Implementers
United States of America
Policy Area
Other operating conditions
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
national

Timeline of events

03 Jan 2023
rejected

Rejected Electronic Currency and Secure Hardware (ECASH) Act

On 3 January 2023, the Electronic Currency and Secure Hardware (ECASH) Act was rejected after failing to pass before the 117th Congress adjourns.

Source
Event type law
Action type rejection
Government branch legislature
Government body parliament
28 Mar 2022
under deliberation

Introduced Electronic Currency and Secure Hardware (ECASH) Act

On 28 March 2022, the Electronic Currency and Secure Hardware (ECASH) Act (HR 7231) was introduced in the US House of Representatives and Senate. The Bill would direct the issue of an electronic version of the US dollar. The electronic version would…

Source
Event type law
Action type introduction
Government branch legislature
Government body parliament