Former FATF Secretary General: Cryptocurrencies should use the security of traditional financial procedures.

On March 26, Rick McDonell, former secretary of the United States Financial Action Task Force (FATF) and current director of the Association of Professional Advisors (ACAMS), told CoinDesk that "cryptocurrencies are still the security of the financial system. According to the "Knowledge" statement, some crypto industries have been slow to accept and comply with the requirements of financial services companies. Financial services companies have always had to comply with international financial protections and to the prevention of financial fraud There are administrative penalties or negligence The police will be prosecuted if they become aware of a violation of the law in which they live or work.