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CEE’s Biggest International Banking and Fintech Event – Monex Summit Europe to take place on 27th – 28th of November 2019, in Warsaw, Poland

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Estonia’s ‘Estcoin’ ICO Plan is Now Less Ambitious, Following EU Pressure

June 4, 2018 by Priyeshu Garg at Altcoins, Finance, News, Tech

Estonia has stepped away from plans to issue the world’s first ‘national cryptocurrency following pressure from the European Union and domestic banking authorities. In August 2017, the government of Estonia announced it would consider issuing a national cryptocurrency called ‘Estcoin' in the world's first-ever government-backed ICO. Since 2011, Estonia has...

A hand holding coin with Estonia Flag that says "Republic of Estonia - Cryptocurrency". As if to ponder the full idea of Estcoin

Estonia Considers Issuing ‘Estcoin’ in First Ever Government-Backed ICO

August 24, 2017 by Alex Lielacher at Altcoins, Blockchain, News, Tech

The Republic of Estonia has announced it is considering creating a government-backed cryptocurrency tentatively named Estcoins. By issuing ‘estcoin,’ the Estonian government may hold an initial coin offering (ICO) with the aim to allow people to invest in the country directly. With regard to technological innovation and advancements, Estonia is...

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