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Estcoin was a 2017 proposal for a national cryptocurrency tied to Estonia's e-residency program. The plan was criticized by the European Central Bank President Mario Draghi, who said "no member state can introduce its own currency". In 2018, the Estonian government clarified it was not planning to launch a national cryptocurrency and that it never planned to do so, but would plan to "explore various possibilities" for blockchain technology.

See also

• e-Residency of Estonia
• Estonia

References

1. Korjus, Kaspar (3 January 2018). "Three ways how estcoin could benefit Estonians and its e-residents". Estonian World. Retrieved 3 November 2021.
2. 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.
3. Francesco Canepa (19 December 2017). "Estonia's tech guru outlines ideas for digital 'estcoin'". Reuters. Retrieved 19 February 2018.
4. Ворона, Тимур (25 January 2018). "Что такое Estcoin и как его можно применять | MC.today". mc.today (in Russian). Retrieved 3 November 2021.
5. Darrah, Kim (23 April 2018). "Estonia pushes ahead in race to issue first state-backed cryptocurrency". World Finance. Retrieved 7 October 2018.
6. Ummelas, Ott (1 June 2018). "Estonia Scales Down Plan to Create National Cryptocurrency". Bloomberg. Retrieved 7 October 2018.
7. Browne, Ryan (4 June 2018). "Estonia says it won't issue a national cryptocurrency and never planned to". CNBC. Retrieved 3 November 2021.

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