Estonia could become the first country in Europe to launch its own digital means of exchange – the “estcoin” – under plans outlined by the manager of its pioneering e-residency scheme, in place since 2014.
Kaspar Korjus, the Team Lead and Managing Director of e-Residency in the Republic of Estonia, said in a blog post that the estcoin would be aimed at the Baltic country’s 27,000 e-residents – foreigners who open a company there via the web – but would not be a parallel currency to rival the euro.
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