estcoin

{{Use dmy dates|date=March 2023}}

{{Short description|Estonian proposed cryptocurrency}}Estcoin was a 2017 proposal for a national cryptocurrency tied to Estonia's e-residency program.{{Cite web|last=Korjus|first=Kaspar|date=3 January 2018|title=Three ways how estcoin could benefit Estonians and its e-residents|url=https://estonianworld.com/opinion/three-ways-estcoin-benefit-estonians-e-residents/|access-date=2021-11-03|website=Estonian World|language=en-GB}}{{cite journal |url=https://venturebeat.com/2017/12/19/estonia-wants-its-own-cryptocurrency-called-estcoin-in-bid-to-become-global-ico-hub/ |title=Estonia planning its own cryptocurrency, called 'estcoin', in bid to become global ICO hub |author=Chris O'Brien |date=19 December 2017 |journal=VentureBeat |access-date=19 February 2018 |quote=}}{{cite journal |url=https://www.reuters.com/article/us-bitcoin-estonia-estcoin/estonias-tech-guru-outlines-ideas-for-digital-estcoin-idUSKBN1ED1E6 |title=Estonia's tech guru outlines ideas for digital 'estcoin' |author=Francesco Canepa |date=19 December 2017 |journal=Reuters |access-date=19 February 2018 |quote=}}{{Cite web|last=Ворона|first=Тимур|date=25 January 2018|title=Что такое Estcoin и как его можно применять {{!}} MC.today|url=https://mc.today/estoniya-pytaetsya-stat-luchshej-ploshhadkoj-dlya-ico-chto-takoe-estcoin-i-kak-ego-mozhno-primenyat/|access-date=2021-11-03|website=mc.today|language=ru-RU}}{{cite web |last1=Darrah |first1=Kim |title=Estonia pushes ahead in race to issue first state-backed cryptocurrency |url=https://www.worldfinance.com/markets/estonia-pushes-ahead-in-race-to-issue-first-state-backed-cryptocurrency |website=World Finance |accessdate=7 October 2018 |date=23 April 2018}} The plan was criticized by the European Central Bank President Mario Draghi, who said "no member state can introduce its own currency".{{cite web |last1=Ummelas |first1=Ott |title=Estonia Scales Down Plan to Create National Cryptocurrency |url=https://www.bloomberg.com/news/articles/2018-06-01/estonia-curbs-cryptocurrency-plan-that-drew-rebuke-from-draghi?srnd=cryptocurriences |website=Bloomberg |accessdate=7 October 2018 |date=1 June 2018}} 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.{{Cite web|last=Browne|first=Ryan|date=4 June 2018|title=Estonia says it won't issue a national cryptocurrency and never planned to|url=https://www.cnbc.com/2018/06/04/estonia-wont-issue-national-cryptocurrency-estcoin-never-planned-to.html|access-date=2021-11-03|website=CNBC|language=en}}