Tag: estcoins

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 been a member of the Eurozone, which makes it subject…

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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 a leader, being the first country to launch an e-residency…

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