Estcoin was a 2017 proposal for a national cryptocurrency tied to Estonia's e-residency program.[1][2][3][4][5] The plan was criticized by the European Central Bank President Mario Draghi, who said "no member state can introduce its own currency".[6] In 2018, the Estonian government clarified it was not planning to launch a national cryptocurrency and that it never planned to do so, but would plan to "explore various possibilities" for blockchain technology.[7]

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References edit

  1. ^ Korjus, Kaspar (3 January 2018). "Three ways how estcoin could benefit Estonians and its e-residents". Estonian World. Retrieved 3 November 2021.
  2. ^ 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.
  3. ^ Francesco Canepa (19 December 2017). "Estonia's tech guru outlines ideas for digital 'estcoin'". Reuters. Retrieved 19 February 2018.
  4. ^ Ворона, Тимур (25 January 2018). "Что такое Estcoin и как его можно применять |". (in Russian). Retrieved 3 November 2021.
  5. ^ Darrah, Kim (23 April 2018). "Estonia pushes ahead in race to issue first state-backed cryptocurrency". World Finance. Retrieved 7 October 2018.
  6. ^ Ummelas, Ott (1 June 2018). "Estonia Scales Down Plan to Create National Cryptocurrency". Bloomberg. Retrieved 7 October 2018.
  7. ^ Browne, Ryan (4 June 2018). "Estonia says it won't issue a national cryptocurrency and never planned to". CNBC. Retrieved 3 November 2021.