Austria Financial News

Austria's parliament has approved legislation that would allow authorities to confiscate the cars of people who are caught driving far above the speed limit. Lawmakers on Wednesday approved a bill that calls for the cars of people who exceed the speed limit by more than 60 kilometers per hour (37 mph) in developed areas or 70 kph (43 mph) outside town limits temporarily confiscated.

In an interview with Cryptonews, Bernhard Blaha, co-founder of the Austrian Digital Asset Association (DAAA) and CEO of decentrally governed organization (DGO) The People's SCE, discussed the new type of digital coin: deposit tokens. 

Sweden on Monday ordered four companies to stop using a Google tool that measures and analyses web traffic as doing so transfers personal data to the United States, fining one company the equivalent of more than $1.1 million. Sweden's privacy protection agency, the IMY, said it had examined the use of Google Analytics by the firms following a complaint by the Austrian data privacy group noyb (none of your business) which has filed dozens of complaints against Google across Europe.

Sky Cinema offers movie premieres along with the added bonus of Paramount+. To help you discover new favorites, we have compiled a list of upcoming premieres this month. The premiere dates may change. For Sky subscribers without movie channels, there is an additional cost of £12 per month for a minimum 18-month contract. Sky also offers ongoing deals, such as the Sky + Cinema + Netflix package, providing access to Sky channels (including Cinema) and Netflix for £37 per month over 18 months.

Max Verstappen has been so dominant, Formula One's runaway leader may soon have to change his name to Maximum Verstappen. Verstappen won both the main F1 race and the shorter sprint race from pole position at the Austrian Grand Prix, topped every section of qualifying and led the only practice session on his way to collecting a fifth straight win, and a seventh in nine races so far this season. Make that eight in 11 if you include the two sprint races so far, which he's split with teammate Sergio Perez, to give Red Bull a clean sweep of every Grand Prix. But Perez, who has won the other two main F1 races for the untouchable-looking Red Bull team, is very much taking a back seat this season. Verstappen crushed the competition to such an extent at his team's home track in Spielberg that he even surprised himself.

Wiener Zeitung, stopped its print publication last Friday. The Vienna-based German paper had its first print run on August 8, 1703, more than 50 years before the Battle of Palashi in our neck of the woods, covering 320 years, '12 presidents, 10 emperors, 2 republics'.

Formula 1 is in Austria this weekend, the home of Red Bull Racing, for the Austrian Grand Prix. Practices started on Friday, and Sprints happen Saturday. The lights go green on Sunday at 9 a.m. EDT.

Max Verstappen won the Austrian Grand Prix on Sunday to take another step towards a third successive world title.Ferrari's Charles Leclerc finished second to split the Red Bulls at their home circuit with Sergio Perez completing the podium at Spielberg. This was double world champion Verstappen's seventh win out of nine this season and his fifth successive victory.

Klimt sold Tuesday for 85.3 million pounds ($108.4 million), making it the most expensive artwork ever auctioned in Europe. 'Dame mit Facher' — Lady with a Fan — sold to a buyer in the room at Sotheby's in London after a 10-minute bidding war for a hammer price of 74 million pounds ($94.35 million). The higher final figure includes a charge on top of the sale price known as the buyer's premium.

journalism came to an end asWiener Zeitung, one of the world's oldest newspapers, bid farewell to its daily print edition on Friday. This conclusion came after more than three centuries. The final front page of Wiener Zeitung’s print edition paid homage to the newspaper’s remarkable legacy, featuring the statement, «320 years, 12 presidents, 10 emperors, 2 republics, 1 newspaper.» It was shared by a Twitter user along with the tweet, «The oldest newspaper in the world — the Wiener Zeitung — has been printed for the last time. This is the final front page.» Reactions started to pour in soon after the announcement was made. A user wrote, «Damn. I'm in Vienna today, June 30th, I'm gonna find this, frame & preserve it.»

By Nishant Thakkar

The New Zealand central bank is ramping up its monitoring of stablecoins and crypto-assets following public submissions, but has stopped short of calling for a “regulatory approach.”

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Jefferies has hired a top Barclays dealmaker in Germany to lead its investment bank in the country in the latest executive departure from the UK lender.

The Faroe Islands have issued a new series of digital “crypto stamps,” with a digital copy stored on the blockchain as a nonfungible token (NFT) while still serving as actual postage. 

Saifedean Ammous, a prominent economist and author of "The Bitcoin Standard," has been appointed as an economic advisor to El Salvador's National Bitcoin Office (ONBTC). 

Dr. Saifedean Ammous, the author of the explanatory book about Bitcoin (BTC), The Bitcoin Standard, has been appointed the Economic Advisor to the National Bitcoin Office of El Salvador.

The US and international law enforcement have made 288 arrests and seized over $53 million in cash and cryptocurrency as part of a major dark web crackdown.

In a recent announcement, the Raiffeisenlandesbank Niederosterreich-Wien (RLB NO-Wien) detailed its intentions to foray into the realm of bitcoin investing services. The Austrian cooperative banking institution, which was established in 1900 and now has a 22.6% interest in Raiffeisen Bank International (RBI), has decided to launch its new service in collaboration with the Austrian cryptocurrency startup Bitpanda.

The blockchain and crypto industry is constantly growing and changing around the world, and the Principality of Liechtenstein is no exception. 

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