Estonia Wants to ICO, But Is Currency Law a Deal-Breaker?
Rather than issuing warnings or regulations, at least one progressive government is considering whether it can take advantage of ICO technology.
How the firm helping lead Estonia's central bank digital currency research is approaching a mass-market crypto coin.
Eesti Pank said the initiative will gauge the suitability of the KSI Blockchain, already used within the country's e-government system, in supporting a central bank digital currency.
The mass license revocation still leaves around 400 virtual currency service providers (VASPs) licensed in Estonia, according to the finance ministry.
The Baltic nation of Estonia has revealed more concrete plans for the launch of its own digital token, dubbed "estcoin."
Three Baltic governments have struck an accord that includes a commitment to support the development of technologies like blockchain.