Alex Mooney: “Obviously, it is critical that we get the balance right between keeping illicit financing out of our country and keeping…”

I introduced H.R. 804, the Chinese CBDC Prohibition Act of 2023. This bill prohibits U.S. money services businesses from engaging in transactions involving a central bank digital currency issued by China.

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: At the end of the bill (before the short title), insert the following: Sec. __. None of the funds made…

Just this morning, before the hearing, I saw news that Russia is exploring legislation to formalize their ability to transact in crypto.

I appreciate your friendship over the years, Mr. Griffith. I will certainly miss my colleagues. I will come back and visit. It is not that far away. I appreciate you taking some time. I know you are getting home to your family. Mr…