<p>A long-delayed appropriations bill for 2022 has passed in the House of Representatives and is heading for the Senate as of March 9.</p> <p>Included in the bill's 2,741 pages of legislation are several provisions aiming at China's central bank digital currency, or CBDC, as well as new requirements for ransomware reporting.</p> <p>One section calls for the President to produce a report on the Chinese digital yuan, particularly the "short-, medium-, and long-term national security risks" that it poses. The risks the report would emphasize are transactional surveillance, illicit financing, and economic coercion from China.</p> <p>Several US senators <a href="https://www.theblockcrypto.com/linked/137248/new-senate-bill-sounds-the-alarm-on-chinas-digital-yuan">introduced a bill</a> calling for similar reporting on Wednesday. </p> <p>The appropriations package also introduces mandatory reporting of ransomware payments by critical infrastructure to the Cybersecurity and Infrastructure Security Agency within 24 hours of making such a payment. </p> <p>The new reporting requirements for ransomware attacks became a major topic of policymaking discussions in 2021, after ransomware attacks crippled the Colonial Pipeline and JBS meatpacking. Ransomware subsequently became a <a href="https://www.theblockcrypto.com/news+/125240/unpacking-the-biden-administrations-crypto-friendly-blitz-on-ransomware">centerpiece of President Joseph Biden's</a> foreign policy. </p> <p>Some of the ransomware policy's "whole-of-government" language would make its way into Biden's <a href="https://www.theblockcrypto.com/linked/137013/white-house-releases-text-of-bidens-crypto-focused-executive-order">executive order on crypto</a> that the White House released yesterday. </p>