Cover of The Digital Euro, an open-source investigation
Digital edition · August 2026

// l0g publication

The Digital Euro

Investigating a currency that does not yet exist.

This edition brings together six investigations that follow the project layer by layer: monetary nature, banking stability, data, law, costs and infrastructure.

  • 6 investigations
  • 23 infographics
  • Clickable sources
  • CC BY 4.0
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one infrastructure in six layers

Read the records in their order of proof.

The final regulation, holding limit and several technical choices remain open. The investigation therefore separates adopted provisions, proposals, test assumptions and what public records still cannot establish.

The EPUB preserves reading order, canonical links, sources, limitations and text alternatives for the infographics. It remains readable offline while retaining a path to every public correction.

edition structure

Six investigations, one reading order.

  1. 01The euro that changes its debtorMonetary nature, balance sheets and distribution
  2. 02The €699 billion stress testHolding limits, deposits and bank funding
  3. 03As private as cash?Data, aliases, fraud and offline payments
  4. 04The legal boundary of programmabilityMoney, conditional payments and legal controls
  5. 05The price of sovereigntyPublic costs, bank investment and compensation
  6. 06Who controls the machine?Infrastructure, suppliers and recovery capacity

verifiable edition

A standalone volume linked to its sources.

The EPUB 3 file contains a structured table of contents, an explicit reading order, adapted infographics and links to all six public articles. No form or account is required to download it.

Format
EPUB 3
Language
English
Revision
20 August 2026
Size
2.5 MB
SHA-256
8ae5818591850afd162ae9f5d4d5d50b29a31706c14e38f0fc7cf950169f8c27

l0g method

Every status remains visible.

Legislative texts, ECB documents, procurement records, commissioned studies and test scenarios do not carry the same decision status. The edition preserves those distinctions and marks unknowns instead of filling them in.

complete edition

Take all six investigations in one volume.

Free, without a form, under a CC BY 4.0 licence.

Download the EPUB2.5 MB · EPUB 3