Hungary will lift restrictions on cryptocurrency trading in response to EU scrutiny

Hungarian government spokesperson Anita Köböl stated at a press conference on Thursday that Hungary will lift restrictions on cryptocurrency trading. These restrictions previously required approval verification for exchanges and subjected the public and DApp service providers to criminal liability. Anita Köböl indicated that the rules introduced last year led to a decline in cryptocurrency trading activities in the country, causing several digital asset platforms to suspend their cryptocurrency services in Hungary and prompting the EU to review whether these restrictions comply with EU regulations. According to the legislative package passed in 2025, individuals or entities conducting cryptocurrency exchanges through unauthorized exchanges could face up to eight years in prison. This move marks a shift in Hungary's policy, as the new government, following the Tisza party's administration, is working to ease years of conflict between Hungary and the EU.