News
Following a successful Bitcoin ATM pilot by Europe’s largest electronics retailer, 12 new Bitcoin ATMs are coming to Austria’s MediaMarkt stores.
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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.
- Analysis
The blockchain technology landscape is shifting in Austria, with public institutions and private firms experimenting with the tech.
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Bitpanda said the Trustology acquisition would be the first step toward launching its prime brokerage service Bitpanda Pro.
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The museum with the world’s largest collection of Gustav Klimt paintings celebrated Valentine’s Day with its own “digital declaration of love.”
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2021 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.
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Investors are treating crypto in the same way as stocks and ETFs, the new Bitpanda Pro CEO told Cointelegraph.
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According to the ETC Group, the ETPs are “100% physically backed and central counterparty cleared.”
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Switzerland-based financial firm Leonteq has launched an investment suite of 18 crypto assets with an inherent focus on institutional investors throughout Germany and Austria.
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The Austrian post is set to incorporate near-field communication to its award-winning nonfungible token digital postage stamp.
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The funding round was led by Valar Ventures and partners from DST Global.
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Crypto scams appear to be dominating investment fraud cases in Austria.
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The Iota Foundation is teaming up with one of Austria’s most prestigious universities to foster research in distributed ledger technologies.
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The Vienna Stock Exchange and the Singapore Exchange are warming up to cryptocurrency.
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Over 2,500 Austrian merchants can now accept cryptocurrencies as a payment method.
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A-Trust’s QualiSig project has received 60,000 euros of Austrian government funding to provide secure crisis communications between authorities and citizens.
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