Hungary Decriminalizes Crypto Trading, Reversing Strict Regulations
Hungary Decriminalizes Crypto Trading, Reversing Strict Regulations
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Hungary is reportedly moving to decriminalize cryptocurrency trading, rescinding the strict Orban-era rules that previously imposed jail terms. This reversal is expected to alleviate pressures on crypto platforms, some of which, like Revolut, had suspended services due to the stringent regulatory environment.
Hungary will decriminalize crypto trading, reversing Orban-era rules that carried jail terms and led platforms like Revolut to suspend services.