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IT attorney Karl Erik Esko writes in Äripäev about the role of the state in keeping up an image of a digital country

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IT attorney Karl Erik Esko writes in Äripäev about the role of the state in keeping up an image of a digital country

RASK attorney Karl Erik Esko writes in Äripäev about the state’s role in presenting Estonia as an e-country, especially in recent years with the controversy surrounding the lack of cryptographic regulation.

Although Estonia has been actively portraying and marketing itself as a digital leader, in reality the country’s internal ability to keep up with digital developments, especially in in terms of guiding them, is still something to aim for. According to Karl Erik, the deficit is particularly acute as concerns crypto and virtual currencies.

In summary, Karl Erik writes that if Estonia wants to be a trend-setter in technological innovation, the state must have a real and substantive capacity to formulate a clear position and targets regarding virtual currency, regardless of whether it favours the sector or not. Third parties should not be allowed to independently carry out this role instead of the state.