#加密货币监管 Reflecting on the past decade of the ever-changing crypto market, I can't help but feel a lot. Back then, various players entered the space one after another, regulation was still taking shape, and innovation coexisted with risks. Now, seeing local European platforms like Bitpanda launching the Vision ecosystem, aiming to strike a balance between compliance and innovation, naturally brings to mind the detours taken in those years.

From solely pursuing trading volume and listing numbers to now focusing on building compliant infrastructure, the industry has indeed entered a more mature stage. Vision leverages Bitpanda's years of accumulated licenses, banking relationships, and other advantages to create an on-chain ecosystem, a move that is quite forward-looking. It meets regulatory requirements while preserving the openness of blockchain, potentially paving a new path for the long-term development of the crypto industry.

However, any new model requires time to prove itself. Whether Vision can truly connect traditional finance with the Web3 world, and balance compliance with innovation, remains to be seen. But in any case, this kind of attempt is meaningful in itself. It reminds us that beyond chasing short-term gains, we should also consider how to make this industry go further and become more resilient. After all, only by truly solving compliance challenges can the crypto market attract more mainstream capital and achieve larger-scale applications.