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
Austria’s Raiffeisen Bank International has announced it will pilot R3’s Corda-powered Marco Polo blockchain network for trade finance.
Major Austrian Bank Raiffeisen Joins R3 Corda-Powered Global Trade Finance Network
Marie Huillet
2019-05-08T11:04:00+01:00
3140
News
The Ministry of Finance in Austria is considering the establishment of a regulatory sandbox for the fintech industry.
Austria Considers Establishment of Fintech Regulatory Sandbox
Ana Alexandre
2019-04-26T23:05:00+01:00
5750
News
Viennese crypto and fintech firm Bitpanda has received a payment service provider license from Austria’s financial regulator in accordance with EU-wide rules.
Crypto Firm Bitpanda Secures Payments Service Provider License Under EU Rules
Marie Huillet
2019-04-05T13:45:00+01:00
4182
News
Wien Energie has announced their new blockchain fridge, developed with Bosch, as part of a sustainable energy consumption experiment.
Austria’s Largest Energy Provider Develops Blockchain Fridge With Bosch
Ana Berman
2019-04-04T17:40:00+01:00
4704
News
Austrian Minister for Digital and Economic Affairs Margarete Schramboeck said that “we do not need regulation for blockchain.”
Austrian Economics Minister: ‘We Do Not Need Regulation for Blockchain’
Ana Alexandre
2019-04-02T21:26:00+01:00
5342
News
Major Austrian energy provider Wien Energie is exploring the use of DLT for electric car charging stations.
Largest Austrian Energy Provider Debuts DLT-Based E-Car Charger
Aaron Wood
2019-03-29T21:45:00+00:00
4236
News
Iran is reportedly in negotiations with eight countries to use cryptocurrencies for international transactions.
Local Media: Iran Reportedly in Talks With 8 Countries to Use Crypto Transactions
Ana Berman
2019-01-30T11:38:00+00:00
6449
News
Vienna has conducted several successful blockchain trials, preparing to launch its own token to reward citizens.
Austrian Capital Vienna Develops Reward Token for Citizens in Partnership With University
Ana Berman
2019-01-28T17:59:00+00:00
5328

Follow us on Facebook