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Estonia becomes the first country with an official coin of it's own

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The title is a bit misleading:

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 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.

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Sounds good, right? Well, there's a snag: Despite what Korjus says about not needing the European Central Bank's involvement, the financial institution said it hadn't been contacted about the program. The ECB still recognizes the euro as its lone form of currency.

 

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7 minutes ago, RegalChicken said:

The title is a bit misleading:

 

You are right. They are not ditching the Euro and go full crypto tomorrow. but still, things has to start from somewhere... :) 

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