ELI5: Explain Like I'm 5

Cryptocurrencies in Europe

Cryptocurrencies in Europe are types of digital money that you can use to pay for things online. They are similar to regular money but exist only as digital tokens or coins, that can be sent and received over the internet. You can use cryptocurrencies to buy things in some European countries, such as the UK and Germany. In some other countries, like France, it is not yet allowed. Cryptocurrencies are stored in a digital wallet that you can access with your phone or computer. You can also use them to buy products like clothes and games, or you can use them to get services such as music and video streaming. They are also used to transfer money between people and businesses, just like regular money.