ECB’s Santos Pereira: Europe must deepen single market

The value here is in the signal, not the substance: a Governing Council member framing single-market deepening as a priority is a reminder that European policy attention can shift toward structural integration even while monetary policy dominates headlines. For tokenized-asset and cross-border settlement projects, fragmentation across national regimes is the binding constraint, so any momentum toward harmonized market rules is worth tracking. No specifics were offered, so whether this stays rhetorical or turns into concrete proposals is the open question.