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Ban on Chinese Digital Currency e-CNY in US Apps

This act aims to protect US citizens from the e-CNY digital currency, issued by the Chinese government. It means that companies operating app stores in the United States will not be able to support or offer applications that enable e-CNY transactions. For citizens, this means they will not be able to use this specific digital currency within apps available in the US, intended to enhance financial security.
Key points
US app stores cannot support or offer apps that handle China's e-CNY digital currency.
The goal is to protect US citizens' data and financial security from foreign digital currency influences.
Citizens will not be able to use e-CNY through apps available in US app stores.
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Expired
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Additional Information
Print number: 117_S_4313
Sponsor: Sen. Cotton, Tom [R-AR]
Process start date: 2022-05-25
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Defending Americans from Authoritarian Digital Currencies Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_4313.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-05-25.

What are the main provisions?

Key points include:

  • US app stores cannot support or offer apps that handle China's e-CNY digital currency.
  • The goal is to protect US citizens' data and financial security from foreign digital currency influences.
  • Citizens will not be able to use e-CNY through apps available in US app stores.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Cotton, Tom [R-AR].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Security