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Estcoin Backs Down as Banking Authorities Bully Estonia



The small Baltic nation of Estonia has backed down on its plan to create a nationwide cryptocurrency after drawing warmth from Italian economist and President of the European Central Financial institution Mario Draghi, in addition to native banking authorities. Now, the Estcoin will merely be used as an incentive for e-residents.  Banking Bullies Estonia’s cryptocurrency challenge, Estcoin, will “undoubtedly not be a nationwide ‘cryptocurrency,” after receiving stress from banking authorities. In accordance with Estonia’s head of IT technique,<br />Learn Extra<br />The put up Estcoin Backs Down as Banking Authorities Bully Estonia appeared first on Bitcoinist.com.



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