Binance Square
#hungarycryptoban

hungarycryptoban

213 views
2 Discussing
Mining Updates
·
--
Article
Revolut confirmed its exit from Hungary due to issues with local laws: A blow to crypto services.The fintech giant Revolut has announced its complete exit from the Hungarian cryptocurrency services market due to strict local regulations. From December 6, 2025, Hungarian clients can only transfer their assets to external wallets or sell them by the deadline of December 18. After that, all crypto functions, including trading and storage, will be permanently blocked. The company cites changes in Hungarian legislation adopted in June 2025 that criminalize "unauthorized" crypto operations: up to 5 years in prison for individuals and 8 years for operators without a license from the National Bank of Hungary (MNB).

Revolut confirmed its exit from Hungary due to issues with local laws: A blow to crypto services.

The fintech giant Revolut has announced its complete exit from the Hungarian cryptocurrency services market due to strict local regulations. From December 6, 2025, Hungarian clients can only transfer their assets to external wallets or sell them by the deadline of December 18. After that, all crypto functions, including trading and storage, will be permanently blocked. The company cites changes in Hungarian legislation adopted in June 2025 that criminalize "unauthorized" crypto operations: up to 5 years in prison for individuals and 8 years for operators without a license from the National Bank of Hungary (MNB).
Login to explore more contents
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number