Estonia wants to launch ESTCoin to complement e-residency program

Estonia is set to emphasize its digital technology prowess with the proposed launch of a new national digital currency. The Baltic state is considering an initial coin offering (ICO) for the launch of ESTCoin, its very own cryptocurrency, An ICO would allow the country to raise money from investors by issuing them with a digital token, with a stake in the currency or the use of blockchain-based technology offered in return. Estonia has long been a centre for technology innovation, with the country's government backing several major projects in recent years. Back in 2014, the country announced it would be launching… [Continue Reading]