The Senate-brokered compromise bill to reauthorize FISA Section 702 includes a provision banning the introduction of a central bank digital currency for three years, according to multiple sources familiar with the matter.
The move is a concession to a group of House conservatives who’ve demanded that the legislation include a permanent CBDC ban. The three-year duration is in line with the length of the 702 extension.
The negotiated FISA bill, expected to be shared with Senate offices soon, also prohibits the FBI from using information gathered under the 702 program in a prosecution against a U.S. person, the sources said.