hungary

In a surprising twist for budget-conscious travelers, Wizz Air has unveiled an audacious new offer that's set to shake up the aviation industry. The Hungarian low-cost carrier is rolling out an 'all you can fly' membership, granting passengers unlimited access to their extensive network for just 499 Euros annually.
The Deal of the Year?
Until Friday, early birds can snag this yearly pass at the promotional rate of 499 Euros. After that, the price jumps to 599 Euros. This membership opens up a world of possibilities, covering a staggering 950 routes across Europe, Asia, the Middle East, and North Africa.
While the offer is open to all, it's particularly enticing for frequent flyers who can maximize the value of this pass. However, savvy travelers should note that there are some additional costs to factor in:
A 9.99 Euro fee applies per flightExtra services like baggage and seat selection incur separate charges
Limited Availability
Wizz Air plans to cap the initial release at 10,000 memberships. It's worth noting that seat availability may fluctuate based on various factors, both within and outside the airline's control.
Industry Context
This isn't the first time we've seen such a bold move in the aviation world. U.S.-based Frontier Airlines previously launched a similar initiative for North American routes with their 599-dollar unlimited Go Wild! ticket.
For Wizz Air, this campaign seems to be a strategic play to boost customer satisfaction and loyalty. It comes at a time when the industry is seeing increased travel demand following the pandemic, despite some financial challenges. The company reported a 196 million dollar loss in Q3 2023, but has managed to position itself as one of the fastest-growing airlines globally.
Despite recent setbacks, Wizz Air remains optimistic about its future, maintaining its net revenue expectations for 2024. The overwhelming interest in this campaign from numerous countries suggests that the airline may be onto something big.
As the travel landscape continues to evolve, it's clear that innovative offers like this could reshape how we think about air travel. Whether you're a frequent flyer or an occasional traveler, Wizz Air's unlimited flying pass certainly gives food for thought.
What do you think about this new approach to air travel? Would you consider investing in an annual flying pass?
Let us know in the comments below!

#Wizz #WizzAir #Hungary #unlimited

A new crypto law in #Hungary is putting everyday traders at risk, and is already sending many service providers packing.

According to a Forbes report, the Hungarian government has introduced a new law that criminalizes crypto operations. The legislation targets two offenses, including the “abuse of crypto assets” by traders, and the provision of “unauthorized crypto asset exchange services” by service providers.

Individuals engaging in such crypto services face up to two years in prison for basic transactions, with harsher penalties for large transactions. Trades above 50 million Hungarian forints, around $140,000, could mean three years behind bars, and anything over 500 million forints ($1.4 million) could land individuals in prison for five years.

The law doesn’t stop at just traders. Platforms that have not been vetted and approved under the country’s new validation regime operate in the region can face three years in prison. If the business processes “particularly large” volumes of crypto, the penalty jumps to eight years.

You might also like: #China lawmakers to consider loosening hard stance on digital assets amid stablecoin wave: report

Hungary now requires all crypto exchanges to go through a state-controlled validation process. That includes strict checks on the origin of funds, wallet ownership, identity verification, and profiling. Without this official validation, any conversion of crypto into fiat or other assets is considered illegal.

The new legislation, which came into effect on July 1, 2025, puts both traders and service providers in limbo. They must now either halt operations, relocate, or run the risk of prosecution. The government has given regulatory authorities a 60-day timeline to define the specifics, but the window offers little comfort as there’s still no public guidance, no compliance playbook, and no list of approved platforms.

Hungarian crypto industry figures have described the move as damaging to the local crypto scene, with some services providers plotting exiting the market. Revolut, one of Hungary’s most popular service providers suspended all crypto services in the country last week in response, with no clear timeline for restoration. Other firms are expected to follow, with several already exploring relocations to more crypto-friendly EU countries like Estonia or Lithuania.

Local data estimates that roughly 500,000 Hungarians have been engaged in crypto operations and stand to be affected by the new legislation.

As of now, it is unclear how the updated regulations impact global service providers like Binance, Coinbase, Kraken, which operate in Hungary. Neither of the firms have announced adjustments to their services based on the new rules, with broader reports stating that direct impact on them are “unlikely.”

You might also like: Q1 2025 reveals crypto media’s visibility reset in Western Europe

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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