Federal SB4601 prohibits money services businesses from engaging in transactions involving China's central bank digital currency.

Federal SB4601, also known as the Chinese CBDC Prohibition Act of 2026, amends the United States Code to prohibit money services businesses from engaging in any transaction involving a central bank digital currency issued by the People’s Republic of China. This includes both direct and indirect transactions. The bill defines a money services business according to existing regulations and adds a new section to the U.S. Code to enforce this prohibition.

Federal SB4601 prohibits money services businesses from engaging in transactions involving China's central bank digital currency.

Federal SB4601, also known as the Chinese CBDC Prohibition Act of 2026, amends the United States Code to prohibit money services businesses from engaging in any transaction involving a central bank digital currency issued by the People’s Republic of China. This includes both direct and indirect transactions. The bill defines a money services business according to existing regulations and adds a new section to the U.S. Code to enforce this prohibition.