No AliPay Act of 2025
No AliPay Act of 2025
Plain Language Summary
# No AliPay Act of 2025 - Summary **What the Bill Would Do:** The No AliPay Act of 2025 would restrict or ban the use of Alipay, a Chinese digital payment system operated by Ant Group (affiliated with Alibaba). While specific details aren't provided in the available information, the bill's title suggests it aims to prevent widespread adoption of this Chinese payment platform in the United States. **Who It Affects:** This bill would potentially impact businesses that accept Alipay as a payment method, Chinese tourists and expatriates who rely on the app while in the U.S., and financial technology companies that offer cross-border payment services. It reflects broader concerns about Chinese-controlled financial platforms operating in America. **Current Status:** As of now, the bill (S 3037) is in committee and has not advanced to a full Senate vote.
It was introduced by Senator Rick Scott (R-FL) in the 119th Congress. Without additional legislative action, the bill remains in the early stages of the legislative process.
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.