Reports on China's Digital Currency and Blockchain Network
This act requires the U.S. government to prepare reports on China's digital currency (digital yuan) and blockchain network. The goal is to assess their impact on U.S. national security and economy, as well as citizen data privacy. Citizens should be aware of potential risks associated with using the digital yuan, especially when traveling.
Key points
The U.S. government will investigate how China's blockchain network and digital yuan could affect U.S. security and economy.
U.S. companies assisting in the development of China's blockchain network will be identified and assessed for risks.
U.S. government agencies will receive guidelines for the secure use of the digital yuan.
U.S. citizens traveling to China will receive warnings about the dangers of the digital yuan.
Countries receiving U.S. military aid will be required to disclose if they use the digital yuan.
Expired
Citizen Poll