Hungary decriminalizes crypto trading, reverses strict rules

Hungary will decriminalize crypto trading, reversing strict 2025 rules. The new government aims to align with EU standards, revitalize the market, and boost investor confidence.

Hungary is set to reverse its strict cryptocurrency regulations introduced in 2025, which mandated approved validation for both crypto-to-fiat and crypto-to-crypto transactions. These rules also imposed severe criminal penalties, including potential prison sentences for violations. As a result, major trading platforms suspended their services, leading to a sharp decline in local trading activity. Following recent elections, the new government has announced plans to decriminalize crypto trading, remove compliance barriers, and align regulations with European Union standards, particularly the MiCA framework. This policy shift is expected to revitalize Hungary's digital asset market and improve investor confidence. The move marks one of the most significant crypto policy reversals in the EU this year, signaling Hungary's intention to foster innovation and economic growth in the digital finance sector.