Fatemeh Fannizadeh

Fatemeh Fannizadeh

Fatemeh Fannizadeh is a lawyer and researcher at Geneva-legal, focusing on the blockchain field.

Defi tools RugDoc, ETH Hole and vFats are launched on the IoTeX public chain: ​Official news, Defi tools RugDoc, ETH Hole and vFats have been launched on the IoTeX public chain, providing project risk-benefit assessment, market tracking, and on-chain analysis for upcoming IoTeX ecological projects and other series of tools.

It is reported that the IoTeX ecosystem is developing rapidly, and a new batch of DeFi, NFT, and metaverse chain game ecological projects will be launched soon. In addition, more than 300 developer teams have applied to develop Dapp projects based on IoTeX-based MachineFi machine financial scenarios.

​IoTeX was established in 2017 as an open source project in Silicon Valley. Its development goal is to link the real world and the digital world. It is a high-performance public blockchain fully compatible with Ethereum. [2021/9/16 23:30:24]

FATF: Stablecoins may be more widely adopted than other virtual assets: According to a report released this week by the FATF, stablecoins may be more widely adopted than other virtual assets if stablecoins are adopted by large technology companies, telecommunications companies, financial companies, etc. Even more so when supporting. Stablecoins also face the same risks of money laundering and terrorist financing as other digital assets. The improvement of anonymity and the exchange with other virtual assets will further conceal the source of illegal funds. In order to mitigate risks, FATF urges member states and regions to implement its virtual asset standards, noting that its 25 member states, some regions and jurisdictions, and virtual asset service providers have already implemented the standards. FATF also plans to review the implementation and impact of its standards by June 2021 and provide further guidance on stablecoins and virtual assets. [2020/7/11]

FATF Plenary Meeting Topic: Submitting a Stablecoin Report to the G20: The Financial Action Task Force (FATF) will hold an online plenary meeting today. There are five topics in this meeting, two of which are related to cryptocurrency, namely:

1. Review the progress made by FATF member countries in the past 12 months to require encrypted asset service providers (VASPs) in their respective jurisdictions to implement the "travel rule". Sian Jones, former representative of the FATF's policy development group, explained: "People have always seen this as some kind of deadline. I think that's a bit exaggerated. It's a milestone, but it's not a hard deadline."

2. Submit a report on "stable coins" to the G20. Sian Jones explained in this regard: "This report may be published in some form one to two weeks after the plenary meeting, but it is unlikely to be a complete report, and some deletions are expected." (CoinDesk) [2020/6/ 24]

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