Hungary to Remove Cryptocurrency Trading Restrictions Amid EU Scrutiny

Odaily Odaily reporter Anita Köböl, spokesperson for the Hungarian government, 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 stated that the rules introduced last year led to a decline in cryptocurrency trading activity in the country, prompted several digital asset platforms to suspend their cryptocurrency services there, and triggered an EU review of whether these restrictions comply with EU regulations. Under a legislative package passed in 2025, individuals or entities conducting cryptocurrency exchanges through unauthorized platforms could face up to eight years in prison. This move marks a policy shift in Hungary. After the Tisza Party came to power, the new government is working to ease years of conflict between Hungary and the EU. (cointelegraph)