S.4601

Chinese CBDC Prohibition Act of 2026

Introduced·5/20/26
Introduced

S. 4601

Introduced in Senate · May 30, 2026

May 20, 2026

Mr. Scott of Florida introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To prohibit money services businesses from engaging in any transaction that involves a central bank digital currency issued by the People’s Republic of China, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Chinese CBDC Prohibition Act of 2026”.