Analysis: Existing companies have introduced solutions for new FATF encryption regulations, but it may take longer to reach a global consensus

According to The Block, The Block released an analysis article saying that after the FATF proposed encryption travel rules, some companies have begun to propose solutions to the rules. However, the technical content of these solutions is significantly lower, and the blockchain is not used to send the necessary information. While the industry seems to be closer to solving this problem in the technology arena, it may take longer for the solution to reach a global consensus.