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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Here’s what happened in crypto today

Why is the crypto market down today?

Why is Bitcoin price up today?

Why is Bitcoin price down today?

Why is the crypto market up today?

The Dutch cryptocurrency exchange Bitvavo is slowly expanding its reach after gaining regulatory approval in Austria and France.

Dutch exchange Bitvavo cleared to operate in France

Gareth Jenkinson

2023-11-24T08:23:56+00:00

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Raiffeisen Bank’s RLB NÖ-Wien is preparing to introduce cryptocurrency trading services to its retail clients in early 2024.

Raiffeisenlandesbank to launch Bitcoin trading in early 2024

2023-11-24T08:08:37+00:00

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According to the report, Europe is home to nine of the 10 least profitable countries for Bitcoin mining, based on household electricity costs.

Mining 1 BTC in Lebanon is 783x cheaper than Italy: CoinGecko report

2023-08-20T02:25:20+01:00

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N26 Crypto is already available for Austrian customers and is planned to be rolled out in other key markets.

Mobile bank N26 launches cryptocurrency trading with Bitpanda partnership

2022-10-20T11:03:58+01:00

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From taxes and legislation to the local startups and professional associations — all you need to know about blockchain and crypto in Western Europe.

The state of crypto in Western Europe: Swiss powerhouse and French unicorns

2022-10-16T14:12:00+01:00

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Nonfungible tokens are being used to reinvigorate postage stamp collecting in Austria and the Netherlands.

Post offices adopting NFTs leads to a philately renaissance

Gareth Jenkinson

2022-09-23T13:25:37+01:00

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In the future, energy communities should make a greater contribution to the energy transition.

How blockchain can address Austria’s energy crisis

Veronika Rinecker

2022-07-25T14:07:00+01:00

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Witnessing 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 ro...

Bitpanda announces layoffs citing no compromise on product quality

2022-06-25T10:45:43+01:00

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