Definition ∞ A pan-European market represents a unified financial or economic area that spans multiple European countries. This integration aims to reduce barriers to trade, investment, and financial services across national borders. It seeks to foster greater efficiency, competition, and liquidity within the broader European economy. Such a market facilitates cross-border economic activity.
Context ∞ The development of a cohesive pan-European market for digital assets is a central theme in discussions around European financial regulation, particularly with the advent of MiCA. News reports often highlight how regulatory harmonization efforts are working to create a consistent operating environment for crypto businesses across the continent. This integration could significantly boost the adoption and growth of digital assets in Europe.
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