,,ii  #aah? ,,congress  #a/ ,session    
,s4 #cbdh  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,novemb] #h1 #bjbc,mr4 
,scott ( ,florida 7= himself1 ,mr4      
,cruz1 & ,mrs4 ,blackburn7 introduc$ !  
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,bank+1 ,h\s+1 &     
,urban ,affairs  ,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 ! ,p's ,republic ( ,*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 w provide ! ,*9ese 
,communi/ ,p>ty ) data on its us]s1 &   
bol/] ! social cr$it program ( ! ,p>ty1 
ultimately fur!r+ ! punitive control p[]
 ( ! ,p>ty ov] ,*9ese citiz5s4  7#b7 ,on
 ,april #bh1 #bjba1 ,j]ome ,p[ell1      
,*airman ( ! ,bo>d ( ,gov]nors ( !      
,f$]al ,res]ve ,sy/em1 /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 "t44  7#c7 ,accord+ to ,sir      
,j]emy ,flem+1 ,director ( ! ,gov]nm5t  
,communications ,headqu>t]s ( ! ,unit$  
,k+dom1 ,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 ,russia44    
#c4 ,money s]vices bus9esses  7a7 ,9    

g5]al ,sub*apt] ,,ii ( *apt] #ec ( title
 #ca1 ,unit$ ,/ates ,code1 is am5d$ by  
add+ at ! end ! foll[+3  #eccg4 ,money  
s]vices bus9esses  7a7 ,def9ition ,9 ?is
 section1 ! t]m money s]vices bus9ess   
has ! mean+ giv5 ! t]m 9 section        
#ajaj4ajj ( title #ca1 ,code ( ,f$]al   
,regulations4  7b7 ,transactions involv+
 digital curr5cy ( ! ,p's ,republic (   
,*9a ,no money s]vices bus9ess may      
engage 9 any transaction1 directly or   
indirectly1 t involves a c5tral bank    
digital curr5cy issu$ by ! ,p's         
,republic ( ,*9a4  4  7b7 ,te*nical &   
con=m+ am5dm5t ,! table ( sections =    
sub*apt] ,,ii ( *apt] #ec ( title #ca1  
,unit$ ,/ates ,code1 is am5d$ by add+ at
 ! end ! foll[+3  #eccg4 ,money s]vices 
bus9esses4  4