Will Austria Get 12 Bitcoin ATMs Soon?
Media Markt, a chain of electronic retailers has decided to launch Bitcoin ATMs in Austria. The German multinational chain of retailers would install these ATMs across the whole nation, users can now withdraw Bitcoin from Kurant vending machines. Media Markt has a huge presence around Europe. The European Union has been quite warm regarding crypto […]
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Following a successful Bitcoin ATM pilot by Europe’s largest electronics retailer, 12 new Bitcoin ATMs are coming to Austria’s MediaMarkt stores. Austrians have “sufficient funds” for more Bitcoin ATMs — hat’s the verdict that MediaMarkt, a German electronics retailer, reached following a successful Bitcoin ATM pilot in Austria. MediaMarkt will roll out Bitcoin (BTC) ATMs in 12 branches across the country, including Seiersberg and Klagenfurt. According to the Austrian newspaper Kleine Zeitung, the pilot project, which featured a lone Bitcoin ATM in a MediaMarkt shop, proved that “Bitcoin....
Spain currently hosts 215 crypto ATMs, pushing El Salvador — home to 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs. The European country of Spain is officially home to the third-largest network of Bitcoin (BTC) and cryptocurrency ATMs after the United States and Canada. Spain currently hosts 215 crypto ATMs, pushing El Salvador — wi 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs. Data from CoinATMRadar confirms that Spain represents 0.6% of the global crypto ATM installations.Crypto ATM distribution....
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....
Austrian and German energy provider Switch has begun accepting Bitcoin for gas and electricity bill payments. In a press release and Facebook post Wednesday, Switch, which is wholly owned by EnergieAllianz Austria, said the move marked a first for Austrian energy customers. “With the introduction of cryptocurrency Bitcoin as a payment method in Austria we’re aiming to cater principally to digitally-aware customers and other interested parties,” CEO Christoph Schmidt said in the accompanying release. Billing literature can now also be issued in Bitcoin for those opting to use it for....
Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020. Since March 1, 2020, the number of new Bitcoin ATMs installed worldwide is nearing 10,000. According to the latest data from Coin ATM Radar, the current number of machines stands at 16,835, a strong 57.5% increase, or 9,683 new machines, as compared with 7,152 last year.Back in Nov. 2020, Cointelegraph had reported a striking year-on-year increase of 80%. As previously, the vast majority of machines continue to be located in the United States, where 81% (13,699 out of 16,835 machines globally) are....