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Hungary Repeals Strict Crypto Rules to Align With EU MiCA Framework

The Hungarian parliament voted to repeal the provisions that required a validation check for crypto asset conversions to be legal. The move also removes crypto-related offenses imposing penalties of up to eight years of...

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Hungary Repeals Strict Crypto Rules to Align With EU MiCA Framework
The Hungarian parliament voted to repeal the provisions that required a validation check for crypto asset conversions to be legal. The move also removes crypto-related offenses imposing penalties of up to eight years of imprisonment from the national criminal code. Hungary Decriminalizes Crypto Assets’ Offenses in Line With MiCA Implementation Hungary is repealing draconian-style regulations […]

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This maps to the Regulation hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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