Estonia becoming hub for digital currency businesses

Ambitious Estcoin project would be shelved off due to the european zone pressure.
The managing director of the Estonian e-residency program, proposed the development and issuance of Estcoin in August last year.
Along with becoming Estonia’s national virtual currency, Estcoin would ostensibly evolve into the official currency for the country’s e-residency program. In the program Estcoin would served as an incentive for foreigners who use Estonia’s electronic identification to remotely sign documents and found companies.