Austria Planning New Regulations for Cryptocurrency, ICOs
Austria is drawing up cryptocurrency regulations, using as a model existing rules for the trading of gold and derivatives.
A1 Telekom Austria said cryptocurrencies will now be available to use in its cashless payment app, allowing over 2,500 merchants to accept bitcoin, ether and dash.
Austria's economic affairs ministry awarded a $67,600 grant to a project called QualiSig, which uses the Ardor blockchain to verify COVID-19 testing.
Police say "numerous" Austrian companies got $20,000 bitcoin ultimatums in the mass extortion campaign.
Founded in 1881, the A1 mobile network is looking to add dash, ethereum, litecoin, stellar, and ripple as payment options.
The Austrian government is planning to use the ethereum blockchain to notarize the auction of a bond worth around $1.3 billion.