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Bitpanda launches blockchain for tokenized assets aimed at European banks, fintechs

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Vienna-based crypto broker Bitpanda is launching a new blockchain network aimed at bringing tokenized assets into Europe’s regulated financial system, as institutions look to move toward always-on markets.

The company said Wednesday that its “Vision Chain,” built with the Vision Web3 Foundation and Optimism , will provide infrastructure for banks and fintechs to issue and settle tokenized assets under EU rules such as MiCA and MiFID II.

The network uses compliant euro-denominated stablecoins for transaction fees to avoid the volatility tied to typical crypto payments on public chains. It also relies on Optimism’s Ethereum-based infrastructure to handle settlement and scaling.

The move comes as firms across global finance push deeper into tokenization to upgrade market plumbing for around-the-clock trading. The technology is widely seen as a way to streamline how assets are issued, traded and recorded, cutting reliance on fragmented legacy systems. It’s potentially a massive market: tokenized assets could grow 53% a year, reaching $18.9 trillion by 2033 across asset classes, a joint report by Boston Consulting Group and Ripple estimated.

The initiative reflects a wider race among financial firms. Rival digital broker Robinhood (HOOD) is currently testing its proprietary blockchain dubbed Robinhood Chain, built specifically for tokenized stocks trading and connecting to decentralized finance (DeFi) applications. Wall Street behemoths such as Nasdaq and NYSE also work on their blockchain platforms for tokenized securities, merging crypto rails with the same compliance and safeguards as for traditional systems.

Bitpanda’s chain fits into the firms broader strategy to bridge crypto rails and traditional finance, offering banks and financial institutions blockchain plumbing to provide digital asset services to their customers.

“Tokenization is expected to redefine capital markets,” Lukas Enzersdorfer-Konrad, CEO of Bitpanda, said in a statement. “European financial institutions have been ready for this shift for years, but the infrastructure has been missing.

“With Vision Chain, we are building a public blockchain designed around Europe’s regulatory standards, combining the openness of public networks with the reliability institutions require,” he added.

Read more: Crypto broker Bitpanda bets on banks and tokenization to expand globally ahead of IPO plans

AutoRek & Microsoft: Reconciliation Becomes Strategic

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As financial services move into an increasingly data-driven and regulated environment, the role of reconciliation is set to change significantly. In this conversation, Autorek and Microsoft outline a set of predictions for 2026 that point to a clear shift: reconciliation will no longer be viewed as a back-office accounting process, but as a core component of risk infrastructure.

This reframing reflects broader industry pressures. Firms are facing tighter margins, rising regulatory expectations, and growing operational complexity. In that context, inefficiencies in reconciliation are no longer just inconvenient — they are becoming a bottleneck to growth. Addressing those inefficiencies is likely to become a strategic priority, not simply an operational improvement.

A second major shift will be the demand for real-time visibility. Traditional reporting cycles — weekly or monthly — are increasingly misaligned with the speed of modern financial markets. By the time insights are generated, they may already be outdated. As volatility and uncertainty continue, firms will need immediate access to data to make informed decisions. Achieving this requires not just better analytics, but fundamentally different infrastructure capable of supporting real-time processing at scale.

The conversation also highlights a growing emphasis on AI resilience. Rather than focusing solely on AI features or applications, infrastructure providers will be judged on their ability to deploy AI safely, securely, and reliably within regulated environments. This includes managing risk, ensuring governance, and maintaining operational stability as AI becomes more embedded in financial workflows.

Looking further ahead, agentic technology is expected to play an increasingly important role. Autonomous agents capable of handling reconciliation tasks continuously — including ingesting unstructured data and managing processes end-to-end — could significantly reduce manual workloads. While still emerging, this approach has the potential to reshape how reconciliation is performed, particularly as organisations look to scale without increasing operational burden.

At the same time, the broader payments and financial services landscape is expected to continue evolving rapidly. Innovation, regulation, and consolidation are all likely to accelerate, creating both opportunity and uncertainty for firms navigating the next phase of transformation.

Taken together, these trends suggest a clear direction of travel. Reconciliation is moving out of the background and into the strategic core of financial operations — driven by the need for efficiency, visibility, and resilience in an increasingly complex environment.

Stablecoin Bill Introduced in Delaware Aims to Create Licensing Framework

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Two Delaware lawmakers are working to establish stablecoin regulations as part of a broader package of regulatory proposals aimed at “modernizing” the state’s financial sector.

In a statement on Monday, the Delaware Senate Democrats announced that Senator Spiros Mantzavinos and Representative Bill Bush had filed the Delaware Banking Modernization Act (Senate Bill 16) and the Delaware Payment Stablecoin Act (Senate Bill 19).

“This legislative package sends a signal loud and clear: here in Delaware, we’re democratizing our financial services and lowering the barriers to entry, making it easier for all residents to send, receive and save money with just an internet connection,” said Delaware Governor Matt Meyer.

Delaware has generally had a friendly and proactive approach toward crypto and blockchain. As far back as 2016, former Governor Jack Markell launched the Delaware Blockchain Initiative to attract blockchain firms. It has also made minor regulatory adjustments to support the sector.

However, some technology and crypto firms left the state last year, including Coinbase, which reincorporated in Texas after expressing dissatisfaction with Delaware’s Chancery Court, which handles corporate law disputes. 

These two bills could help the state re-attract some of these businesses.

“Our administration is focused on attracting the jobs of the future to the First State, and that includes continuing to foster an innovative banking ecosystem that will open doors not just for workers and companies, but for every single person who participates in our economy,” added Meyer. 

Stablecoin Act proposes a licensing framework

The stablecoin-focused bill aims to create a licensing framework for stablecoin issuers and digital asset service providers operating in Delaware. 

The bill adopts language and definitions from the US government’s Stablecoins Act (GENIUS Act) and “other federal models.”

The bill outlines potential guardrails, including reserve shortfall remediation cascades, mandatory redemption timing standards, capital standards and anti-money laundering obligations.

If approved, the State Bank Commissioner would be directed to implement the rules within a specified timeframe.

Stablecoin-focused Senate Bill document 19. Source: Delaware General Assembly

Meanwhile, the Delaware Banking Modernization Act primarily focuses on traditional finance, updating corporate governance and organizational requirements for local banking institutions. However, it also references digital assets.

The bill also seeks to update Delaware banking code by providing definitions of digital assets in a bid to offer regulatory certainty around the sector and how it relates to traditional finance.

“It’s been more than four decades since we’ve made any meaningful updates to our state’s banking laws, and in that time, the way people bank and conduct transactions has changed significantly,” said Rep. Bush, adding: “We need to make sure our laws are keeping up with those changes.”

Both bills are still a way off from becoming law. The next stage of progression will see the bills reviewed by the Senate Banking Committee and then debated on by the full Delaware Senate.

The announcement also stated that the lawmakers will file another regulatory proposal in the coming days called the Delaware Money Transmission & Virtual Currency Modernization Act.

It primarily aims to implement consumer protections and standardize the types of activities required for licensing.

US politicians push for crypto regulation and clarity

The Delaware lawmakers aren’t the only ones this week signaling intent to push crypto-related legislation.

Related: Banks push tokenized deposits as onchain cash race intensifies: Report

In an X post on Monday, US Senator Bill Cassidy said he plans to advance his bill at the federal level to bring US “crypto tax rules into the 21st century.”

The bill, introduced in partnership with Senator Cynthia Lummis in September, seeks to address crypto taxation challenges and support the adoption of digital assets in the US.  

The bill proposes a $300 de minimis rule for crypto purchases, ending double taxation for miners and stakers and providing taxation parity with other financial assets, among other things.

“It is important for America to be in the driver’s seat on digital assets for both our economy and our national security,” Cassidy said on X.

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Source: Bill Cassidy

On Friday, the US Securities and Exchange Commission (SEC) sent two proposed rules to the White House’s Office of Management and Budget for review, which include a proposal to have most of the crypto assets on the market not treated as securities under federal law.