Over 60% of all scams are related to digital currencies: Austrian regulator
The Financial Markets Authority stated that it saw a record in whistle-blower reports of potential fraud in 2020, with digital currencies as the main focus.
Latest Austria News
Digital currency broker RaxTrade not licensed in Austria: watchdog
The company, also known as ROI STOCK LIMITED, claims on its website that it charges 0% commission while offering over 125 assets to trade.
Austrian regulator identifies 4 unlicensed digital currency firms
The Financial Market Authority flagged PremiumBorsa, Pennyworth Investments, GCG 24 and ANB Bank as unlicensed operators.
Aussie blockchain-based energy firm to enhance solar distribution in Austria
Power Ledger has reportedly signed a deal with E-NEXT to launch its peer-to-per network in Austria’s second-largest city, Graz.
Austria’s minister of finance wants a fintech regulatory sandbox
Austria’s minister of finance, Hartwig Loeger, wants a sandbox for fintech business models to be tested in.
BitPanda receives coveted payment service provider license
The Payment and Service Derivative 2 license from the Financial Market Authority Austria allows crypto firm Bitpanda to offer its service in various countries both in the European Union and the European Economic Area.
Austrian regulator bans unlicensed crypto mining company
The Austrian Financial Market Authority ordered INVIA GmbH to cease its crypto mining operations due to suspicion of unauthorised management of an Alternative Investment Fund (AIF).
‘Optioment’ BTC scam in Austria preyed on 10,000 investors: report
Prosecutors in Vienna have launched an investigation into a company that promised outsized returns via arbitrage trading.