Austria News

Authorities in Austria, along with counterparts in three other nations, have taken decisive action against an online scam masquerading as a new cryptocurrency venture.  In a press release on May 8, the European Justice for Criminal Justice Corporation disclosed the…

Binance, the world’s largest cryptocurrency exchange, is facing setbacks in expanding its operations in German-speaking countries. It has recently decided to retract its license application from the Austrian financial regulator FMA. This withdrawal marks yet another setback in Binance’s efforts…

Recent reports  show that Media Markt will install Bitcoin ATMs throughout Austria. Earlier on, the startup successfully tested Bitcoin ATMs in Vienna, which led to increased demand for the service. 

Austria is planning to support crypto adoption through taxation. The tweet also said that this nation would use a similar taxation method to the one in use for stocks and bond investments. In an interview with Bloomberg, the Austrian Finance…

Austrian regulators say crypto scams are the most reported forms of investment fraud in the country ahead of the usual suspects like stock or gold schemes. Authorities in the country are trying to firm up virtual currency regulations to combat…

Customers of A1 Telekom subsidiary will now be able to make crypto payments based on a recent collaboration with the Austrian crypto payments processor, Salamantex. Bitcoin and Other Cryptocurrencies Accepted on A1 Payment The company made the announcement via a…

From summer 2020 onwards, Austrians will be able to seamlessly spend popular cryptocurrencies such as bitcoin (BTC), ether (ETH), or dash (DASH), at more than 2,500 points of acceptance using A1 Payment – a major Austrian mobile network operator. Spend…

The Austrian Financial Market Authority (FMA), the nation’s financial watchdog, has warned investors to be wary of Bitcoin Trader, an unlicensed bitcoin investment scheme that promises investors huge profits of $1,460, according to reports on July 10, 2019.  FMA Warn…

According to a report released on April 25, 2019, Austria is planning to review and establish a fintech regulatory sandbox in an attempt to align financial markets around digitized services, ICOs and cryptocurrencies with the country’s law and help grow…

Internet users in Austria could soon find it impossible to comment on online forums anonymously as the country’s government looks to do away with internet anonymity, reports local media outlet Der Standard, April 18, 2019. Austria Tightens Noose around Internet…

The Austrian city of Vienna plans to launch ‘Vienna token’, it’s own cryptocurrency as a form of incentive for citizens, as per Trending Topics reports, January 28, 2019 A Crypto Incentive The idea of world governments developing official cryptocurrencies isn’t…

The Austrian government announced on September 27, 2018, the auction of €1.15 billion ($1.35 billion) worth of government bonds on the Ethereum blockchain. The sale begins on October 2 with operations overseen by Oesterreichische Kontrollbank (OeKB), one of Austria’s biggest…

While many nations are apprehensive of the magical disruptions that cryptocurrencies could pose to their existing financial structures, these five countries have started living in the future by formulating non-draconian laws that support the growth of the burgeoning crypto industry.…

As reported by derStandard.at on July 10, you can now buy gift cards for bitcoins, ether, dash and litecoin in thousands of Austrian post offices. Have the country’s post offices suddenly become bitcoin sellers? The postal companies in Austria and…