United States of America: Bill amending the Federal Reserve Act to prohibit the Federal reserve banks from offering a central bank digital currency (S 887)

Progress

Current status
under deliberation
21 Mar 2023 under deliberation

Scope

Implementers
United States of America
Policy Area
Authorisation, registration and licensing
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

21 Mar 2023
under deliberation

Introduced Bill amending the Federal Reserve Act to prohibit the Federal reserve banks from offering a central bank digital currency (S 887)

On 21 March 2023, the Bill amending the Federal Reserve Act to prohibit the Federal reserve banks from offering a central bank digital currency (S 887) was introduced in the United States Senate. In particular, the Bill would not allow the Federal G…

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