Hungary Repeals Strict Crypto Rules to Align With EU MiCA Framework

Hungarian Criminal CodeThe 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 […]

Source: https://news.bitcoin.com/regulation-and-legal/hungary-repeals-strict-crypto-rules-to-align-with-eu-mica-framework/

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