TechFlow News: On March 25, Vienna-based crypto broker Bitpanda announced the launch of the Vision Chain blockchain network, jointly developed with the Vision Web3 Foundation and Optimism. The network aims to provide European banks and fintech firms with tokenized asset issuance and settlement infrastructure compliant with the EU’s Markets in Crypto-Assets (MiCA) and Markets in Financial Instruments Directive II (MiFID II) regulatory frameworks. Transaction fees on the network are paid in euro-pegged stablecoins to mitigate volatility risks associated with cryptocurrency prices.
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