A spokesman for the government of Estonia shot down the idea of the county’s own digital currency and noted that the country never had such plans. However, plans to “explore various possibilities” for blockchain technology might still be in place.
Estonia’s media adviser, Triin Oppi, explained that a discussion on the idea of the country’s own cryptocurrency has been initiated within the e-residency program and was still on the table within that community. She then added that ICO regulations are also being discussed.
“We strongly believe in the potential of blockchain technology as a tool for economic development, empowerment and inclusion,” she said.