S 464
119th Congress
Senate
Finance and Financial Sector
No CBDC Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 6, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 6, 2025
Introduced in Senate
Plain-English summary
No Central Bank Digital Currency Act or the No CBDC Act
This bill generally prohibits the Federal Reserve Board, Federal Reserve Banks, the Department of the Treasury, and other agencies from issuing or using a central bank digital currency.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.