The Future of Money
1 Program Director, ECLIPS, Ohio Supercomputer Center and Chair, American Bar Association Committee on the Law of Commerce in Cyberspace before the House Subcommittee on Domestic and International Monetary Policy. • Mr. Chairman, and Members of the Subcommittee, I would like to thank you for inviting me to testify with respect to some of the international implications of electronic commerce and currency, the prospects for transnational industry self-regulation and the importance of commercial law to facilitating the evolution of the new payment technologies. It is vital to the development of a global electronic marketplace for commerce, and for consumers, that these issues be considered with the pro-active leadership which these hearings represent.