🚨 Hungary Has Banned Unlicensed Crypto Trading 🇭🇺
From July 1, 2025, a new law in Hungary makes it illegal to use or run a crypto exchange without a license.
Here’s what it means:
🔹 If you trade more than $14,000 on an unlicensed platform, you could face up to 2 years in jail.
🔹 Bigger amounts can lead to up to 5 years for users and up to 8 years for service providers.
🔹 Some crypto apps like Revolut and Bitstamp have already stopped services in Hungary.
The rules are stricter than other European countries, and the government hasn’t shared full details yet.
If you're in Hungary, avoid unlicensed crypto platforms for now. The law is serious, and the risks are high.
