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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.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

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

2019-04-26T23:05:00+01:00

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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

2019-04-05T13:45:00+01:00

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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

2019-04-04T17:40:00+01:00

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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’

2019-04-02T21:26:00+01:00

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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

2019-03-29T21:45:00+00:00

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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

2019-01-30T11:38:00+00:00

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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

2019-01-28T17:59:00+00:00

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The number of crypto ATMs around the world kept growing in November, despite the recent market crash.

Number of Crypto ATMs Steadily Growing Amid ‘Crypto Winter,’ Data Shows

2018-12-21T15:01:00+00:00

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