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Estonia’s going ahead with its plan to be the first country to launch an ICO

Estonia is pursuing its plan to become the first country to launch a crypto-token, even after Europe’s top banker slapped down the idea when it was proposed in August. The managing director of Estonia’s e-residency program announced today that work on “estcoin” is underway, and provided other details about the scheme. The program allows e-residents to set up an Estonian company in a day and administer it remotely—a scheme that gained popularity after the Brexit vote.

Be sure to continue to read at the source: Quartz Media