HUNGARY’S NEW CRYPTO LAW SPARKS INDUSTRY EXIT FEARS

PRISON FOR UNAUTHORIZED TRADES

REVOLUT SUSPENDS CRYPTO SERVICES

Hungary has enforced harsh new crypto laws, criminalizing unauthorized trading and introducing prison sentences of up to 5 years for high-value private trades, and up to 8 years for unlicensed service providers.

The vague language and lack of implementation guidelines are leaving 500,000+ Hungarian crypto users at legal risk, while fintech players like Revolut have already paused crypto services in the country.

As Hungary diverges from the EU’s unified MiCA framework, analysts warn of a looming crypto industry exodus to friendlier jurisdictions.

#CryptoRegulation #HungaryCrypto #MiCA #CryptoExodus #DigitalAssets