January 2022 it will begin being done. And get ready for this....no more retail consumer banking. Your local post office will become your bank. The big banks will oversee the balances of the post offices. Kinda like what the fed does now over retail banks.
The EU uses the postal systems for all kinds of regulatory and finance stuff unrelated to the mail. They even act as compliance agencies for electronics and electrical equipment.
I suspect the left will take your cash in banks. This $600 is BS.