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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

Bitcoin bill payments have come to Austria as Switch makes a pioneering move to accept virtual currency.

Austria’s Energy Company Switch First To Take Bitcoin Payments

2017-07-13T11:35:00+01:00

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Wholesale goods reseller Yipbee now gets 10% of orders with Bitcoin via BitPay, while investors contribute around €1 million.

Bitcoin Accounts for 10 Percent of Orders at Austria’s Yipbee

2017-06-21T13:20:00+01:00

18148

The first self-titled ‘Bitcoin Bank’ has opened in Vienna, Austria. Run and managed by a local startup Bit Trust, the bank allows customers to buy and sell bitc...

First Dedicated ‘Bitcoin Bank’ Opens In Vienna, Austria

2017-02-10T11:47:00+00:00

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After Switzerland, Swiss bank Vontobel is extending its Bitcoin investment opportunity to Germany and Austria.

Swiss Bank Extends Bitcoin Investment Opportunity to Germany, Austria

Olusegun Ogundeji

2016-11-23T17:00:00+00:00

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The new global Bitcoin consumer ATM Mecca has shifted to Eastern Europe near the hotly-contested military crossroads of the Ukraine.

Bitcoin’s New ATM Capital of the World Moves Near Military Hot Zone

2015-10-05T09:14:31+01:00

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Ex-Chief of the Department of Justice joins BitFury's strategic advisory board. Austrians able to anonymously buy bitcoins at local tobacco kiosks after Coinfin...

MAR 19 DIGEST – DoJ Chief joins BitFury, Austrians Able to Anonymously Buy Bitcoin

Charlie Richards

2015-03-19T11:52:23+00:00

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The operator of Austria’s first Bitcoin ATM, Coinfinity, has unveiled a voucher scheme enabling Bitcoin to be purchased from over 600 merchants nationwide.

Austria Gets 600 merchants Selling Bitcoin Overnight

2015-02-04T09:57:00+00:00

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European Bitcoin integration continues with the opening of Austria’s first Bitcoin ATM in the city of Graz.

Coinfinity gives Austria first Bitcoin ATM and a pioneering bonus

2014-07-03T13:47:31+01:00

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