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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 Austrian Blockchain Center has been established in the city of Vienna, where it will collaborate with local academics in multidisciplinary research.

Austrian Blockchain Center for Multidisciplinary Research Established in Vienna

2018-12-01T03:04:00+00:00

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Austria says it wishes to “highlight” blockchain during its upcoming E.U. presidency after announcing support for blockchain-based cancer research.

Austrian Government Supports Blockchain Cancer Research, Screening Tool

2018-11-12T11:07:00+00:00

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Successful trials show blockchain could cut red tape and boost the secondary market.

Government Bonds: How Blockchain Can Beat the Red Tape

2018-10-03T10:18:00+01:00

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A report from the Austrian Research Center International Economics states that blockchain technology can make export operations more efficient.

Report: Blockchain Technology Could Reduce Uncertainty in Foreign Trade

Veronika Rinecker

2018-09-29T03:13:00+01:00

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Austria’s government will use the Ethereum blockchain to issue €1.15 billion ($1.35 billion) of government bonds in a Federal Bond Auction.

Austria to Use Ethereum Public Blockchain to Issue $1.35 Bln in Government Bonds

2018-09-27T13:13:00+01:00

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The E.U. will focus on crypto classification and “regulatory mapping,” since crypto is “here to stay,” according to the European Commission’s Vice President.

Crypto ‘Here to Stay’ but Needs Classification, Says European Commission Vice President

2018-09-11T05:20:00+01:00

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Austria's Financial Market Authority has introduced proposals for the strict regulation of cryptocurrencies and ICOs.

Austrian Financial Authority Calls for Tighter Regulation of ICOs and Cryptocurrencies

Markus Kasanmascheff

2018-06-30T03:47:00+01:00

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The Austrian Financial Market Authority has prohibited the business activities of a cryptocurrency mining company for operating without a license.

Austrian Financial Regulator Halts Operations of Crypto Mining Platform

2018-05-30T01:25:00+01:00

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