Estcoin

From Wikipedia, the free encyclopedia

Estcoin is a mooted national cryptocurrency, devised by the Government of Estonia[1][2][3] in August 2017.[4][5] 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,[6] but that Estonia would plans to “explore various possibilities” for blockchain technology.[7] 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.[4]

In 2018, Estonian government said it is not planning to launch a national cryptocurrency and that it never planned to do so.[8]

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. ^ Ворона, Тимур (2018-01-25). "Что такое Estcoin и как его можно применять | MC.today". mc.today (in Russian). Retrieved 2021-11-03.
  4. ^ a b Darrah, Kim (23 Apr 2018). "Estonia pushes ahead in race to issue first state-backed cryptocurrency". World Finance. Retrieved 7 October 2018.
  5. ^ Korjus, Kaspar (2018-01-03). "Three ways how estcoin could benefit Estonians and its e-residents". Estonian World. Retrieved 2021-11-03.
  6. ^ Ummelas, Ott (1 Jun 2018). "Estonia Scales Down Plan to Create National Cryptocurrency". Bloomberg. Retrieved 7 October 2018.
  7. ^ Ryan Browne (4 Jun 2018). "Estonia says it won't issue a national cryptocurrency and never planned to". CNBC. Retrieved 27 January 2019.
  8. ^ Browne, Ryan (2018-06-04). "Estonia says it won't issue a national cryptocurrency and never planned to". CNBC. Retrieved 2021-11-03.
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