Estonia Planning to Issue a National Cryptocurrency

Estonia has announced plans to launch an ICO as a way of raising funds and promoting its e-Residency program. The token, to be called “Estcoin” will be managed by the state, but like all cryptocurrencies, will be accessible to investors worldwide. Estonia is hoping this move will boost its economy, which has struggled since the 2008 recession.Estonia began its e-Residency program in 2014. It enables non-citizens to become virtual residents, thus giving them the opportunity to open bu