Hungary to Remove Cryptocurrency Trading Restrictions Amid EU Review

Odaily Planet Daily News: Hungarian government spokesperson Anita Köböl stated at a press conference on Thursday that Hungary will remove cryptocurrency trading restrictions. These restrictions previously required approval and verification for exchanges, and exposed the general public and DApp service providers to criminal liability.

Anita Köböl said that the regulations introduced last year led to a decline in cryptocurrency trading activity in the country, causing several digital asset platforms to suspend their cryptocurrency services there, and triggered an EU review of whether these restrictions comply with EU rules. Under the legislative package passed in 2025, individuals or entities exchanging cryptocurrencies through unauthorized exchanges 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 striving to ease the years-long conflict between Hungary and the EU. (Cointelegraph)