From: Jeff Davis <eagle@armory.com>
Date: Sat, 9 Mar 1996 04:27:53 +0800
To: cypher punks <cypherpunks@toad.com>
Subject: Re: EFF Statement on Leahy/Burns/Murray Crypto Bill
In-Reply-To: <313CF3AD.1BC3@best.com>
Message-ID: <9603060157.aa06384@deepthought.armory.com>
MIME-Version: 1.0
Content-Type: text


<sophi@best.com> (Greg Kucharo) sez...

> I'm a little confused by this phrase from the bill. It seems to be
> saying just that export needs to be authorized if the software is 
> already exportable from the U.S. and if to a financial institution.
>  I know that can't be right, but what is the translation of this 
> legalese?
> 
> > "Requires that export be authorized for non-military encryption
> >  software to any country where similar software is exportable from
> >  the U.S. to foreign financial institutions."

That's so the Federal Reserve doesn't become crippled in the world monetary
market, just because the NSA doesn't want to lose its wire-tap ability. 
-- 
According to John Perry Barlow:                       *What is EFF?* 
"Jeff Davis is a truly gifted trouble-maker." *email <info@eff.org>*
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