The Dutch cryptocurrency exchange Bitvavo is slowly expanding its reach after gaining regulatory approval in Austria and France.
Austria News
The Federal Republic of Austria is a country in central Europe with 88,000 square kilometers of area and a population of around nine million people. Austria has a developed, highly-industrialized economy that provides itself with one of the highest GDPs per capita. The main industries in Austria are construction, machinery, agriculture and wood products. Austria had the largest industry companies nationalized until the 1980s, when privatization started to reduce state holdings. Bitcoin is legal in Austria. However, Austria has issued Bitcoin taxes, despite not considering it to be a currency. For the rest of the industry, Austrian blockchain-related businesses are free to operate. Austria has Bitcoin ATMs, Bitcoin exchanges and cryptocurrency startups. The high personal income and level of education make Austria a welcoming place for blockchain startups.
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Raiffeisen Bank’s RLB NÖ-Wien is preparing to introduce cryptocurrency trading services to its retail clients in early 2024.
3544According to the report, Europe is home to nine of the 10 least profitable countries for Bitcoin mining, based on household electricity costs.
15814N26 Crypto is already available for Austrian customers and is planned to be rolled out in other key markets.
3949From taxes and legislation to the local startups and professional associations — all you need to know about blockchain and crypto in Western Europe.
5279Nonfungible tokens are being used to reinvigorate postage stamp collecting in Austria and the Netherlands.
7105In the future, energy communities should make a greater contribution to the energy transition.
2574Witnessing the crypto crashes over the past several weeks from a front-row seat, Bitpanda made the “tough decision” of cutting down its employee headcount to roughly 730 people.
5877Following a successful Bitcoin ATM pilot by Europe’s largest electronics retailer, 12 new Bitcoin ATMs are coming to Austria’s MediaMarkt stores.
5915The blockchain technology landscape is shifting in Austria, with public institutions and private firms experimenting with the tech.
3871Bitpanda said the Trustology acquisition would be the first step toward launching its prime brokerage service Bitpanda Pro.
2500The museum with the world’s largest collection of Gustav Klimt paintings celebrated Valentine’s Day with its own “digital declaration of love.”
69872021 was an eventful year for the German crypto industry. Cointelegraph takes a look at the most important developments of the past year in a review.
5160Investors are treating crypto in the same way as stocks and ETFs, the new Bitpanda Pro CEO told Cointelegraph.
3134According to the ETC Group, the ETPs are “100% physically backed and central counterparty cleared.”
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