It would seem appropriate, in the light of comments regarding the eCTA
recently, that the purpose of the eCTA has been lost sight of in many eyes.

The purpose and objectives of the eCurrency Trade Association Inc.
(hereinafter called the Association) are to unite the member group so that
it may:

Promote and maintain the highest professional standards of business practice
among its members.
Maintain standards for entry to the Assoc.
Promote the interests of the member of the group.
Develop and improve processes for the safe and secure business development
of its members
Encourage cordial relations between the members and affiliated and
non-affiliated businesses and other professional bodies and associations
around the world.
Keep a breast of international developments in the e-currency economy
affecting, principally the gold economy, but also encompassing all other
e-commerce


The Association therefore represents it's members.  It does not represent or
speak for other Exchange Providers, Merchants who use gold or  digital or
gold currencies.  The association specifically does not represent any
digital issuers and in fact has been a strong proponent of and suggested in
the past that the digital and gold issuers form their own association with a
purpose in mind of setting and maintaining a standard of policy and
operation.  The need for this is evidenced by the recent demise of Standard
Transactions and the furore surrounding Osgold at the moment.  It may be
complementary to expect the eCTA to be able to dictate to any Digital and
Gold Issuer how they should operate but the eCTA's Charter is limited to the
relationship between it's members and the Digital & Gold Issuers.

Members use accept and trade in any Gold or Digital Currency on their own
cognizance.  The eCTA recommends Caution and the practice of due diligence
in accepting and trading in ANY Digital or Gold Currency, irregardless of
who they are.


Michael Moore
Vice President
for the
Board of Directors
of the
eCurrency Trade Association Inc.
www.exchangeprovider.net
'Setting the standard for the Gold Based Economy'




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