> I'd say this should be left to the national Governments.
As a Swede, I strongly disagree with this idea. My country is essentially a "democratic oligarchy" with a wealth inequality similar only to Russia.[1]
The current eID system in Sweden is a private oligopoly run by, amongst others, the Wallenberg family and a previous prime minister. This oligopoly is used to stifle competition.[2]
Since the politicians are so deeply involved in the banking sector,[3] the only real hope of change is that a higher power takes more control.
[1] https://www.ft.com/content/747a76dd-f018-4d0d-a9f3-4069bf2f5... [2] https://www.realtid.se/konkurrens-storbankerna-har-nekat-fin... [3] https://www.expressen.se/dinapengar/toppsossarna-som-tjanar-...