Cointelegraph auf Deutsch presents a weekly digest of selected cryptocurrency and blockchain-related developments from the German-speaking world.
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.
- Bitcoin Miner Canaan’s IPO Nets Just $90M After Losing Banking Partner
- ‘Mystery Man’ Gets Berlin Shop to Drop BitPay, Accept Bitcoin Directly
- German Bank Boosts Bitcoin — Negative Interest Rates Hit Every Account
- Grayscale: 84% of Q3 Interest Came From Non-Crypto Hedge Funds
- Bitcoin Price Loses $8,000 Support as Bears Drive Market to 4-Week Low