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Category Hungary

Revolut Restores Partial Crypto Services in Hungary After Regulatory Pause

Revolut Restores Partial Crypto Services in Hungary After Regulatory Pause

Revolut has resumed limited cryptocurrency operations in Hungary, following a regulatory shutdown earlier this summer. The post Revolut Restores Pa...
Orban says he will block the EU's 2028–2034 budget unless Brussels releases all frozen Hungarian funds

Orban says he will block the EU's 2028–2034 budget unless Brussels releases all frozen Hungarian funds

Hungarian Prime Minister Viktor Orban told a crowd on Saturday in Baile Tusnad, Romania, that he would not approve the European Union’s 2028–2034 b...
 Revolut Makes Crypto Staking Available in Hungary After Restricting Services

Revolut Makes Crypto Staking Available in Hungary After Restricting Services

The company had to restrict the majority of its crypto services for customers in Hungary earlier in July due to new legislation in the country bein...
New Hungarian Law Criminalizes ‘Unauthorized’ Crypto Trades, Rattling Firms

New Hungarian Law Criminalizes ‘Unauthorized’ Crypto Trades, Rattling Firms

Under newly enacted legislation in Hungary, digital asset traders using “unauthorized” cryptocurrency exchanges could face up to two years in priso...
Hungary Threatens 8 Years in Prison for Unauthorized Crypto Trading

Hungary Threatens 8 Years in Prison for Unauthorized Crypto Trading

Hungary’s new law has made trading crypto on unlicensed exchanges a felony and compell major fintech firms to freeze services for millions of users...