To direct the Board of Governors of the Federal Reserve System to conduct a study on central bank digital currencies, and for other purposes.
Central Bank Digital Currency Study Act of 2021
This bill requires the Board of Governors of the Federal Reserve System to report on the impacts of the introduction of a central bank digital currency (CBDC) on consumers, businesses, monetary policy, and the U.S. financial system. Several countries are currently developing CBDCs in response to the growth of privately issued digital currencies such as Bitcoin.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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