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."
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