Austria Financial News

28.03 / 22:21

Blockchain Technology Law Adoption Blockchain Adoption From taxes to electricity, blockchain adoption is growing in Austria

Austria has been actively transforming into an attractive location for providers of blockchain-based products, with the government itself experimenting with the technology and trying to create a legal basis upon which companies can use it.

28.03 / 15:35

UPS cryptocurrency Digital Increase Tax On Cryptocurrencies, Says BJP's Sushil Kumar Modi

Crypto transactions are currently taxed at 30 per cent.

11.03 / 12:05

Law Europe European Union AML consolidation Consolidation and centralization: How Europe’s new AML regulation will affect crypto

According to recent media reports, six European countries, led by Germany, are working on launching an Anti-Money Laundering (AML) body that will include the cryptocurrency market in its purview. Details remain scarce, but it is known that the initiative involves Germany, Spain, Austria, Italy, Luxembourg and the Netherlands. The group is working on “the remit and design” of a new international AML watchdog force that will have a particular emphasis on crypto, and the European Commission — the key executive institution of the European Union — will be the primary platform for the discussion. How will the move affect the European crypto space?

09.03 / 18:51

cryptocurrency Europe European Commission EU Clarifies Crypto-Related Sanctions on Russia & Belarus, But Questions Remain

The European Union has today extended the scope of sanctions on Russia and Belarus, bringing clarifications on cryptoassets into the mix – but as the full legal text is not available yet, these points remain somewhat unclear.

09.03 / 12:35

Forecast economics banking Financial Could the Ukraine Invasion Spark a Global Financial Crisis?

Nasir Aminu, Senior Lecturer in Economics and Finance, Cardiff Metropolitan University. ____

02.03 / 12:31

Russia’s largest lender Sberbank pulls back from European markets

Russia's Sberbank is withdrawing from the European market after several of its banking subsidiaries risked collapse as depositors rushed to withdraw their money in response to sanctions levelled against Russia's largest bank.

02.03 / 00:29

Refugees Watch: Diplomats walk out during Sergey Lavrov speeches in protest at Ukraine invasion

Hundreds of diplomats staged walkouts on Tuesday while Russian Foreign Minister Sergey Lavrov was speaking, protesting his country's invasion of Ukraine.

01.03 / 11:51

Fallout Spooked bank investors assess fallout as Russia sanctions ‘extended almost daily’

Shares of European banks plunged in the wake of unprecedented sanctions — dragging down shares of banks globally as investors assess which are most exposed.

28.02 / 16:43

Fallout Spooked bank investors assess fallout as Russia sanctions ‘extended almost daily’

Shares of European banks plunged in the wake of unprecedented sanctions — dragging down shares of banks globally as investors assess which are most exposed.

24.02 / 01:05

regulation Europe European Union AML 2024 EU members reportedly plan for AML watchdog to oversee crypto firms by 2024

The European Commission, in coordination with other authorities, reportedly plans to have its financial watchdog group potentially oversee illicit transactions at crypto firms.

23.02 / 14:29

BitPanda Platform mergers FCA Warns Companies on Crypto Mergers

The crypto market in the UK received a warning from the financial watchdog following an acquisition announcement by Bitpanda.

23.02 / 13:53

Europe Germany-Led Group Wants a New EU Watchdog to Regulate Crypto Firms

The European Union is planning to dote its planned anti-money laundering and terrorist financing watchdog with powers related to oversight over cryptoasset businesses, according to "people familiar with the matter." The designed authority is to be launched in 2024 and become fully operational two years later.

22.02 / 21:21

Ethereum ETH BTC CEO Ethereum: Mystery solved? The DAO’s $11B hack has a new suspect

While there has been no dearth of hacks and exploits within the cryptocurrency space, one of the most infamous ones transpired in 2016. At the time, around 3.64 million Ether were siphoned off The DAO protocol. The hack remains unsolved to this day. However, crypto-journalist Laura Shin is now claiming to have uncovered new evidence from the hack. Evidence that has apparently led her to the perpetrator – an Austrian programmer named Toby Hoenisch.

22.02 / 18:45

Ethereum Hack privacy security Another Suspect in Ethereum's DAO Hack Emerges, Putting Coin Mixing Under Question

A prominent crypto journalist has published a remarkable j’accuse article claiming to unmask the identity of the 2016 hack on The DAO, which saw a raider make off with ETH 3.6m, now worth over USD 9.4bn. However, what is possibly more important, it put the popular coin mixing technology under question.

17.02 / 08:45

Crisis in Ukraine end Germany and Austria eye end to most COVID rules in March

Germany's leaders on Wednesday announced plans to end most of the country's coronavirus restrictions by March 20, a decision that coincided with moves by neighbouring Austria and Switzerland to drop many of their curbs sooner.

16.02 / 18:09

Art Adoption NFT Gustav Klimt's 'The Kiss' Masterpiece is Selling as 10,000 NFTs

The popular Belvedere Museum in Vienna, Austria, in collaboration with the artèQ auction house, has turned Austrian painter Gustav Klimt's famous masterpiece 'The Kiss' into 10,000 non-fungible tokens (NFTs).

16.02 / 07:59

Art NFT Art lovers can own part of an NFT of Gustav Klimt's 'The Kiss'

The Belvedere museum in Vienna collaborated with the artèQ investment fund to launch a nonfungible token (NFT) drop inspired by one of Austrian painter Gustav Klimt's most famous works "The Kiss."

14.02 / 15:33

cryptocurrency Art Gustav Klimt's 'The Kiss' selling as 10,000 NFTs for Valentine's Day

For the ultimate Valentine's Day gift you can now buy a limited edition digital NFT piece of 'The Kiss', the romantic masterpiece painted by Gustav Klimt.

07.02 / 14:23

interview Sexual assault Rescue Austria avalanches: Nine dead as rescue callouts in Tyrol hit 'unprecedented' level

Authorities in Austria say nine people were killed in a series of avalanches in recent days, mainly in the Tyrol region where around 100 snowslides were recorded.

05.02 / 21:31

Winter Olympics COVID in Europe: Austrian vaccination law comes into effect while Danes enjoy eased measures

A new law making vaccination against COVID-19 compulsory for all residents above 18 years of age has come into effect in Austria.

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