Maybe you have link where did you read that article? It would be interesting to see it. According to CoinATMradar.com, there is 6 Crypto ATM's in Estonia already, all located in capital Talinn. Will it be instalked by other company than now? Maybe there is plans to expand network of ATM's to other cities. Anyway, I'm not sure that crypto ATM's is such meaningful thing. Offcourse, these news are positive, it increase crypto avareness, but I doubt that number of potential crypto ATM users is big in Estonia, especially knowing their small population.
Yeah, it's probably a little unfair that countries like Estonia have an unwarranted reputation that makes it hard for them to attract FDI, even in fintech. .
I'm not sure about what unwarranted reputation of Estonia you're talking about. I only know one recent money laundering scandal in Estonia, but it was done through Scandinavian banks. But in general, Estonia is know as one of the most progressive countries in Europe. And with fear of Brexit, Estonia will be among first choices for FDI, fintech's and etc. I can even give one example, it's Revolut. Where did they got banking license few months ago? In Lithuania (not Estonia, but their neighbour country in Estern Europe). So, I'm not sure why you are saying that Estern Europe and Baltics is undesirable.