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The European Union cannot afford to be "behind the curve" in moves by central banks to issue digital versions of their currency, a top EU official said on Wednesday. The euro is the world's second most traded currency, European Commission Vice President Valdis Dombrovskis told a news conference to propose a legal underpinning for a retail digital euro if the European Central Bank decides in October to push ahead with preparations for issuing one. "It's not an area we can afford to stay behind the curve," Dombrovskis said, adding that more than 100 central banks across the world are considering a digital version of their currency.