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How would a digital euro work?
Imagine you go to an automated teller machine (ATM) and withdraw €100. Your bank account balance goes down by €100, but you now have €100 in cash with which to make payments. The same process would apply to a digital euro, only instead of converting the money in your bank account into cash, you would convert it into digital euro. Your digital euro explained: The first step would be to set up your digital euro wallet through your bank. But you could also go to a designated public authority, for example a post office, to do this. Once your digital euro wallet is set up, you could put money into it via a linked ... (full story)
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