Hungary Repeals Strict Crypto Rules to Align With EU MiCA Framework

The Hungarian parliament voted to repeal the provisions that required a validation check for crypto asset conversions to be legal. The move also removes crypto-related offenses imposing penalties of up to eight years of imprisonment from the national criminal code. Hungary Decriminalizes Crypto Assets’ Offenses in Line With MiCA Implementation Hungary is repealing draconian-style regulations […]