A member of the European Central Bank's executive board has warned that Europe could face fragmentation if it does not introduce a digital euro. Cointelegraph reported the comments on Oct 6, 2026, in an article by staff writer Turner Wright.
The official also addressed a concern about who would lose out if a digital euro arrived: banks. According to the report, the official said a digital euro would not replace the role banks play. The official said it would instead make sure banks keep a place in the EU's monetary system.
The available text does not name the board member. It also does not say what kind of fragmentation the official meant, how it would happen, or when a digital euro could launch. Those points remain open.
For anyone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, these comments change nothing directly. The report describes a central bank official's view on a proposed currency and mentions no new rule, date or measure that touches exchanges. Funding rates, trading fees and liquidity on those venues are not affected by anything in this report.
Source: cointelegraph — ECB policymaker warns of fragmentation without digital euro