United States of America: 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 Government to adopt a central bank digital currency and offer it directly to consumers.