DoTheySupportIt

Privacy Policy Terms and Conditions FAQs

Made to help create more economic freedom.

Analyze S464 - No CBDC Act | DoTheySupportIt

DoTheySupportIt

>

US Congress Bills

>

>

Add Commentary

Analyze S464 - No CBDC Act

S464

No CBDC Act

This bill, known as the "No CBDC Act," amends the Federal Reserve Act to explicitly prohibit Federal Reserve banks, the Board of Governors, the Secretary of the Treasury, or any other related agency from minting or issuing a central bank digital currency (CBDC). The prohibition extends to issuing CBDCs directly to individuals, through custodial intermediaries, or offering related services. Furthermore, it bars Federal Reserve banks from holding any United States government-issued digital currencies as assets or liabilities on their balance sheets.

Very Pro-Crypto

You'll need an account to add your own analysis on this bill.

How pro-crypto is this bill?

Score Commentary (Optional)

In addition to categorizing this bill, you can optionally provide more detailed score commentary documenting your thoughts and opinions for the rest of the crypto community.

﻿