Isn't this the point of the coin? Iceland's government made it illegal to use Bitcoin, so nobody can buy into the currency. By giving the premined coins to Icel

Isn't this the point of the coin? Iceland's government made it illegal to use Bitcoin, so nobody can buy into the currency. By giving the premined coins to Icelandic citizens, they are trying to create a stable crypto ecosystem and help icelanders avoid the legal repercussions of the Icelandic Foreign Exchange act. The wiki page you linked said this: "commentators suggest bitcoins mined within Iceland could be freely traded." The premine is expressly for this purpose.