[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 4313 Introduced in Senate (IS)]

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117th CONGRESS
  2d Session
                                S. 4313

To prohibit the use of the digital currency payment system operated by 
    the Government of the People's Republic of China, and for other 
                               purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 25, 2022

   Mr. Cotton (for himself, Mr. Braun, and Mr. Rubio) introduced the 
 following bill; which was read twice and referred to the Committee on 
                 Commerce, Science, and Transportation

_______________________________________________________________________

                                 A BILL


 
To prohibit the use of the digital currency payment system operated by 
    the Government of the People's Republic of China, and for other 
                               purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Defending Americans from 
Authoritarian Digital Currencies Act''.

SEC. 2. PROHIBITION ON APPS SUPPORTING E-CNY FINANCIAL TECHNOLOGY IN 
              THE UNITED STATES.

    (a) Definitions.--In this section:
            (1) App.--The term ``app'' means a software application or 
        electronic service that may be run or directed by a user on a 
        computer, a mobile device, or any other general purpose 
        computing device.
            (2) App store.--The term ``app store'' means a publicly 
        available website, software application, or other electronic 
        service that distributes applications from third-party 
        developers to users of a computer, a mobile device, or any 
        other general purpose computing device.
            (3) Covered company.--The term ``covered company'' means 
        any person that owns or controls an app store in the United 
        States.
            (4) E-CNY.--The term ``e-CNY'' means the official Digital 
        Currency Electronic Payment system operated by the Government 
        of the People's Republic of China.
    (b) Prohibition.--A covered company shall not--
            (1) support or enable transactions in e-CNY on its app 
        store within the United States; or
            (2) carry or support any app in its app store within the 
        United States that supports or enables transactions in e-CNY.
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