@celestialwings
eIDAS 2.0 updates the EU’s digital identity framework to support decentralized identity (DID) and verifiable credentials (VCs). It introduces "European Digital Identity Wallets," enabling citizens to store and share digital IDs, qualifications, and bank details securely. The regulation mandates interoperability across EU states, fosters trust in digital transactions, and allows private-sector participation while ensuring compliance with privacy laws. This positions Europe as a leader in scalable, user-centric digital identity systems.