Austria Plans to Tax Cryptocurrencies Like Stocks, Vows Equal Treatment
As a growing number of governments are looking to tap into crypto profits, authorities in Austria have indicated their intention to tax gains from digital asset investments just like those from stocks and bonds. The move is expected to increase trust and access to cryptocurrencies. Austria to Apply Capital Gains Tax to Bitcoin, Make Crypto More Accessible Claiming it aims for an equal treatment of investments in cryptocurrencies like bitcoin, the government in Vienna has announced it’s considering applying the same 27.5% levy to crypto assets it currently uses to tax....
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With cryptocurrency adoption rapidly rising, more and more companies and institutions are offering Bitcoin and blockchain services. Austrian Post Office and Bitpanda partnership. In a new report, the Austrian post office, and the Bitcoin exchange Bitpanda partnered up together to offer Bitcoin, litecoin, ethereum and dash at 1,800 post branches all over Austria. Thanks to this partnership, customers will be able to safely and easily buy various cryptocurrencies with euros at all post branches in Austria. Initially, there will be a trial period for this service and users will be able to buy....
Buying bitcoin and other major cryptocurrencies in 2020 has proven to be a winning strategy. But crypto investors looking to diversify their digital currency exposure should consider including stocks that offer exposure to specific companies with ties to cryptocurrencies. Penny stocks with small exposure to cryptocurrencies like Overstock.com (NASDAQ: OSTK) soared during the recent crypto boom. Investors hoping to find the next hidden gem have several penny stocks to watch. Canaan and Ebang International Holdings […]
Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. Leonteq Provides German and Austrian Investors With Exposure to Major Cryptocurrencies Leonteq is presenting an extensive range of products to investors in Germany and Austria after a successful expansion in its home market, Switzerland. It offers exposure to a total of 18 crypto assets, including bitcoin (BTC),....
For those of you who have read George Orwell's "Animal Farm," you probably remember the classic rule revealed at the end of the story... "All animals are equal, but some are more equal than others." Napoleon's classic manipulation of the animal code seems to be making its way into a number of different arenas, one of them being digital currency. Even the world of bitcoin and its altcoin cousins are susceptible to similar twists. Bitcoin exchange Bittrex is removing a staggering 36 different cryptocurrencies from its platform today, Sunday the 15th. I guess some currencies just aren't as....
The blockchain technology landscape is shifting in Austria, with public institutions and private firms experimenting with the tech. 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. With regard to blockchain-based applications in the economy, however, Austria is still in the experimental phase, with most firms still running pilot projects. Still, politicians and economists alike see potential for select....