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Estonia's e-residency head plans the country's own cryptocurrency
Estonia might be the first country to offer cryptocurrency as a way to reward its e-residents. "Estcoin" could be used to reward e-residents (people who set up a business online in the country), verify someone's identity online or be used for payment attached to the euro, according to Reuters. But it isn't a government initiative. Instead, it's a scheme dreamed up by the country's "digital residency" mastermind Kaspar Korjus. While he might have some support from the private sector, he hasn't gotten the necessary government backing fo it.
