“Their responsibilities would include offering user-facing services, such as opening accounts or wallets, payment instruments and onboarding and offboarding, encompassing know-your-customer and anti-money laundering checks. They would also provide devices or interfaces to pay with a digital euro in physical stores, online or person-to-person,” the report said.
Source: https://www.coindesk.com/policy/2022/12/21/private-banks-to-manage-future-digital-euro-wallets-transactions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines