Chinese CBDC Prohibition Act of 2026

This bill would add a new section to federal banking law that bars money services businesses from taking part in any transaction involving a central bank digital currency issued by the People's Republic of China. The ban covers transactions made directly or indirectly. The term "money services business" would have the same meaning it has in existing federal regulations. The bill also updates the table of sections in the law to list the new section.

Full text and official record on Congress.gov

Sponsors

• Rick Scott Republican sponsor
• 1 cosponsors