An ECB official proposed a "European ledger" to unify digital assets across Europe and create a digital capital markets union to address market fragmentation. Over 60% of EU banks are exploring distributed ledger technology (DLT), with 22% already using it. Current DLT systems are non-interoperable, leading to siloed liquidity. A unified ledger could reduce costs and allow 24/7 operations, and has gained interest from institutions like SWIFT, JPMorgan, and the Bank for International Settlements. Source: Cointelegraph