House passes a bill restricting Federal Reserve central-bank digital currency activity
Regulation · · Ketju Research
This entry records a proposal. It does not change the law unless it is adopted.
What changed
The House passed the Anti-CBDC Surveillance State Act. The bill would restrict Federal Reserve issuance, direct services, monetary-policy use, and specified testing or study of a central-bank digital currency, subject to its exceptions. It has not become law.
Who it affects
- Federal Reserve institutions, payments firms, digital-asset businesses, advisers, and clients monitoring a U.S. CBDC
What is still open
- Whether the Senate will pass the bill and the final scope of exceptions
What it means for an advisor
- Treat the measure as pending legislation, not a present prohibition.
Sources
- Anti-CBDC Surveillance State Act · United States Congress ·
Version 1, published . Educational analysis, not legal advice.