Swedish bankers face identity crisis over digital currency plans

Sweden launched a review into the e-krona's feasibility in December, making the Nordic country a litmus test for digital currencies. — AFP

A new way to pay is causing existential angst among Swedish bankers who worry that the e-krona, an electronic equivalent of Sweden's currency, could cost them their deposit base.

Sweden launched a review into the e-krona's feasibility in December after a pilot programme at the central bank, making the Nordic country a litmus test for digital currencies.