Definition ∞ A single market strategy is a unified approach to engaging with a specific economic or regulatory region, aiming to standardize practices and offerings across that area. In the digital asset domain, this could involve a consistent regulatory framework or a platform designed to operate seamlessly across various national markets. It seeks to reduce fragmentation and complexity. This approach promotes uniformity and ease of operation.
Context ∞ European Union initiatives to establish a single market for digital assets, such as the Markets in Crypto-Assets regulation, exemplify efforts towards a single market strategy. These regulatory developments aim to provide clarity, consumer protection, and operational consistency. They benefit crypto businesses operating within the region.