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To mint NFT art, you need to have enough cryptocurrency in your wallet (and even more to buy it). A successful NFT artist could then also pay his or her studio assistants in cryptocurrency from the proceeds of the sales.

2022 was a challenging year for both crypto-assets and crypto-asset service providers.

Der österreichische Nationalrat hat am Dienstag, den 7. Juli 2020, eine Novelle zum inanzmarktaufsichtsbehördengesetz (FMABG) verabschiedet.

Welcome to our to the point newsletter. Every month we look back at the most relevant developments in the area of financial regulation in the CEE region.

On 29 June 2022, the Council and the European Parliament reached a provisional agreement on the text regarding the European Commission's proposal for a recast of Regulation...

For centuries, precious metals such as gold and silver have been one of the safest investments one could make in any crisis.

Artificial Intelligence (AI) ist die Zukunftstechnologie schlechthin. Selbstfahrende Autos, smart Cities, digitale Fabriken und präzisere Diagnosen in der Medizin – die Chancen der AI sind groß. Ihr Einsatz birgt allerdings auch Risiken für Betroffene.

Austria has introduced comprehensive reforms to its Criminal Code of Procedure to address the challenges of securing crypto assets in criminal investigations. The new provisions establish a legal framework for transferring digital currencies to government-controlled wallets and enable premature realization of volatile crypto holdings.

The Austrian Financial Market Authority (Finanzmarkt-aufsicht, FMA) has recently published guidelines on how it views Initial Coin Offerings (ICOs) from a financial services regulatory perspective.

The transfer of title to real estate requires an entry in the land register.

With the new Crypto Reporting Act ("Krypto-Meldepflichtgesetz" – Krypto-MPfG) effective from 1 January 2026, Austria aligns with international standards for transparency and tax compliance in the digital asset space.

The story of our NFT self-experiment does not end with the selling of the token. To the contrary, it is only the start: The buyer – in our case the Museum Francisco Carolinum in Linz – wants to use the artwork for their purposes.

As the end of 2020 approaches we are seeing a lot of changes in financial markets regulations, accelerated by the first serious economic downturn in a long time.

Schoenherr has launched an online guide on ICOs and ITOs throughout the wider CEE / SEE area.

The Court of Justice of the European Union has issued a landmark ruling clarifying that certain escrow and security arrangements involving fund transfers do not automatically constitute regulated payment services under PSD2. This decision provides crucial guidance for fintech platforms and businesses operating escrow models, potentially reshaping how payment service regulations are interpreted across the EU.

If you are following our NFT self-experiment, you already know what an NFT is and what it stands for. To recap (and add some technical perspective), an NFT is a unique assignment...

Welcome to this year's first edition of Schoenherr's to the point: technology & digitalisation newsletter!...