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.

News
The Austrian post is set to incorporate near-field communication to its award-winning nonfungible token digital postage stamp.
Austrian Post combines NFT and NFC tech for digital postage stamp
Osato Avan-Nomayo
2021-05-27T14:22:18+01:00
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The funding round was led by Valar Ventures and partners from DST Global.
European crypto company Bitpanda raises $170M
Helen Partz
2021-03-16T09:57:20+00:00
9444
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Crypto scams appear to be dominating investment fraud cases in Austria.
Austrian regulators call for stricter crypto regulations amid rising fraud
Osato Avan-Nomayo
2021-02-19T11:40:59+00:00
19980
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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.
Iota teams up with Austrian uni for Internet of Things and blockchain research lab
Cyrus McNally
2020-11-27T04:25:56+00:00
12643
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The Vienna Stock Exchange and the Singapore Exchange are warming up to cryptocurrency.
Vienna and Singapore stock exchanges embrace Bitcoin and Ethereum
Samuel Haig
2020-09-02T06:25:38+01:00
15724
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Over 2,500 Austrian merchants can now accept cryptocurrencies as a payment method.
Austrian Crypto Users Will Soon Be Able to Spend Crypto at 2,500 Locations
Felipe Erazo
2020-07-02T19:15:00+01:00
6299
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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.
Austrian Gov't Pilot Aims to Secure COVID-19 Communications With Blockchain Tech
Jack Martin
2020-06-19T12:29:00+01:00
2597
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The CEO of Kingdom Trust, a Bitcoin-friendly custodian managing more than $13 billion in assets, believes Bitcoin comprises a digital realization of Austrian ec...
Kingdom Trust CEO Says Bitcoin Is Digital Manifestation of Austrian Economics
Samuel Haig
2020-06-01T14:07:00+01:00
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