,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #hjd  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,febru>y #b1 #bjbc,mr4
 ,luetkemey] introduc$ ! foll[+ bill2   
:i* 0 ref]r$ to ! ,committee on         
,f9ancial ,s]vices  ,a ,,bill  ,to      
prohibit money s]vices bus9esses f      
engag+ 9 any transaction t involves a   
c5tral bank digital curr5cy issu$ by !  
,p's ,republic ( ,*9a1 & = o!r purposes4
  #a4 ,%ort title ,?is ,act may be cit$ 
z ! ,*9ese ,,cbdc ,prohibition ,act (   
#bjbc4  #b4 ,f9d+s ,congress f9ds !     
foll[+3 7#a7 ,9 #bjba te/imony be=e !   
,h\se ,committee on ,f9ancial ,s]vices1 
,yaya ,fanusie1 ,adjunct ,s5ior ,fell[  
at ! ,c5t] = a ,new ,am]ican ,security1 
not$ t ,*9a is pu%+ aggressively to     
become a global lead] 9 f9ancial        
te*nology1 & ! ,p's ,republic ( ,*9a is 
9 a position to laun* ! l>ge/ digital   
curr5cy project ( any major economy4    
,additionally1 ! ,*9ese c5tral bank     
digital curr5cy 7,,cbdc7 w provide !    
,*9ese ,communi/ ,p>ty 7,,ccp7 ) data on

 its us]s1 & bol/] ! ,,ccp's social     
cr$it program1 ultimately fur!r+ !      
,p>ty's punitive control p[] ov] ,*9ese 
citiz5s4  7#b7 ,on ,april #bh1 #bjba1   
,f$]al ,res]ve ,*airman ,j]ome ,p[ell   
/at$1 ,! digital curr5cy t is be+ us$ 9 
,*9a is n "o t w\ld "w "h4 ,x's "o t    
really all[s ! gov]nm5t to see e paym5t 
= :i* x is us$ 9 real "t4  7#c7 ,accord+
 to ,sir ,j]emy ,flem+1 ,director ( !   
,unit$ ,k+dom's ,gov]nm5t               
,communications ,headqu>t]s1 ,control is
 also a major driv] = ,beij+ z x seeks  
to build a c5traliz$ digital curr5cy4   
,yes1 x introduces effici5cies & new    
ways ( settl+ paym5ts4 ,b ! way x's be+ 
implem5t$ all[s ! monitor+ ( citiz5s & x
 =ces companies to use ! s]vice4 ,x     
might1 9 future1 also enable ,*9a to    
p>tially evade ! sorts ( int]national   
sanctions curr5tly be+ appli$ to ,put9's
 regime 9 ,russia4  #c4 ,money ,s]vices 
,bus9esses ,sub*apt] ,,ii ( *apt] #ec ( 
title #ca1 ,unit$ ,/ates ,code1 is am5d$
 by add+ at ! end ! foll[+3  #eccg4     

,money ,s]vices ,bus9esses  7a7         
,transactions involv+ digital curr5cy ( 
! ,p's ,republic ( ,*9a ,ea* money      
s]vices bus9ess is prohibit$ f engag+ 9 
any transaction1 directly or indirectly1
 t involves a c5tral bank digital       
curr5cy issu$ by ! ,p's ,republic (     
,*9a4  7b7 ,def9itions ,! t]m money     
s]vices bus9ess has ! mean+ giv5 ! t]m 9
 section #ajaj4ajj7;ff7 ( title #ca1    
,code ( ,f$]al ,regulations4  4