Hungary is preparing to decriminalize crypto trading, rolling back restrictions that previously exposed users and platforms to potential criminal penalties for certain crypto transactions.

Government spokesperson Anita Köböl said the rules made crypto operations difficult, discouraged market participation, and negatively affected hundreds of thousands of people. The policy reversal could help revive crypto activity in Hungary and improve the regulatory environment for digital asset businesses.

The move marks a significant shift toward a more crypto-friendly stance and could encourage innovation, investment, and broader adoption across the country's digital asset sector.

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