WSJ, September 20, 1996, p. A16. Fed Chief to U.S: Back Off On Electronic-Cash Rules Washington -- Regulators should stay out of the way and let the market for electronic money develop without government meddling, said Alan Greenspan, chairman of the Federal Reserve Board. "The private sector will need the freedom to experiment without broad interference from the government," he told a government conference on electronic cash yesterday. Too much interference could impede innovation, he said. Bank debit cards, along with other forms of electronic payments, "account for a very small percentage of transactions," he said. "Even the use of popular credit cards has only recently begun to challenge paper's dominance." [End]