EFF Statement on Leahy/Burns/Murray Crypto Bill

[Jeff Davis]

<sophi at 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. 
-- 
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"Jeff Davis is a truly gifted trouble-maker." *email <info at eff.org>*
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