Estcoin

Estcoin is a mooted national cryptocurrency, devised by the Government of Estonia[1][2] in August 2017.[3] In June 2018, amid criticism from banking authorities, Estcoin's plans were revised to no longer peg its value to the euro, nor for it to be a national cryptocurrency,[4] but that Estonia would plans to “explore various possibilities” for blockchain technology.[5] As it will be restricted to individuals within the Estonia e-Residency program, it cannot be exchanged freely and thus technically doesn't qualify as a cryptocurrency.[3]

See also

References
  1. Chris O'Brien (19 December 2017). "Estonia planning its own cryptocurrency, called 'estcoin', in bid to become global ICO hub". VentureBeat. Retrieved 19 February 2018.
  2. Francesco Canepa (19 December 2017). "Estonia's tech guru outlines ideas for digital 'estcoin'". Reuters. Retrieved 19 February 2018.
  3. Darrah, Kim (23 Apr 2018). "Estonia pushes ahead in race to issue first state-backed cryptocurrency". World Finance. Retrieved 7 October 2018.
  4. Ummelas, Ott (1 Jun 2018). "Estonia Scales Down Plan to Create National Cryptocurrency". Bloomberg. Retrieved 7 October 2018.
  5. Ryan Browne (4 Jun 2018). "Estonia says it won't issue a national cryptocurrency and never planned to". CNBC. Retrieved 27 January 2019.
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