S 2543
A bill to require a study on the national security implications of the People's Republic of China's efforts to create an official digital currency.
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- Passed Senate
- Passed House
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- Became Law
Bill overview
This bill directs the President to conduct a study and report to Congress about the potential national security risks posed by China’s development of a digital currency, the ‘digital renminbi.’ The report will examine risks related to surveillance, illicit finance, and China’s potential use of the currency for economic coercion and social control. The study aims to inform Congress about these risks and potential implications for U.S. national security.
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