Estonia Is Working on a Digital Currency—For Real This Time

After saying it had no plan to launch a native cryptocurrency two years ago, Estonia’s central bank has now launched a multi-year project to research the suitability of one.

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In 2018, Estonia’s central bank said there were no plans for a central bank digital currency (CBDC).


But last week, the technologically-savvy nation said it had launched a multi-year research project into one.


The two-year project will examine how “technologically suitable” a CBDC would be for the country.