Estonia has no plans for national cryptocurrency

Blockchain Estonia Europe Regulations

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.

About the author

Mark Knowles

Mark Knowles

Coinlaw Multi-Jurisdiction Blockchain News
Mark Knowles is the Executive Editor of coinlaw.io
With more than a decade of experience as a journalist and editor, Mark has now turned his focus to the blockchain and cryptocurrency revolution that is currently reshaping the global economy. As Executive Editor at Coinlaw Mark is working to create a website that is a hub for the international crypto community to find the latest legal news, legislative changes and expert opinion from across the industry. Contact him at [email protected] or through mobile on +66 (0) 98 705 2716.

Leave a Comment

Coinlaw Newsletter

Whether you are a law firm, founder gearing-up for a token offering, or a crypto currency trader, subscribe to the biggest crypto legal newsletter to be informed of the latest developments in each and every jurisdiction