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Hungary will lift cryptocurrency trading restrictions to respond to EU scrutiny

MarsBitNews
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Mars Finance News, Hungarian government spokesperson Anita Köböl stated at a press conference on Thursday that Hungary will lift restrictions on cryptocurrency trading. These restrictions previously required approval verification for exchanges and exposed the public and DApp service providers to criminal liability. Anita Köböl said that the rules introduced last year led to a decline in the country's cryptocurrency trading activity, causing several digital asset platforms to suspend their cryptocurrency services in Hungary and triggering an EU review of whether these restrictions comply with EU regulations. According to legislation passed in 2025, individuals or entities conducting cryptocurrency exchanges through unlicensed exchanges could face up to eight years in prison. This move marks a policy shift in Hungary, as the new government, after the Tisza Party's rule, is working to ease years of conflict between Hungary and the European Union.
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