[REVISION HISTORY]
Hungary crypto regulatory progress
Updated 1 time since CLSTR started tracking revisions of this situation.
What changed
2026-07-28 18:34 UTC → 2026-07-29 15:31 UTC ·
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removed
In July 2026 Hungary moved toward a fully regulated crypto market. On 20 July, the Hungarian National Bank granted the first domestic MiCA licence to Tiwala Solutions Kft, the operator of the CoinCash broker. The authorisation covered custody, exchange, conversion, advisory, portfolio management and transfers, expanding CoinCash’s scope beyond its previous focus on Bitcoin ATMs. A week later, on 28 July, the Hungarian Parliament voted to lift previous restrictions on crypto‑service providers, aligning national rules with the EU’s MiCA framework. The amendment removes same day it repealed the former validation procedure and creates crypto‑validator requirement that had mandated a clear legal environment third‑party approval for both local certain asset conversions and foreign exchanges imposed criminal penalties. Finance Minister András Kármán said the validator rule had forced firms such as Revolut, MoonPay, Strike and Kriptomat to suspend or relocate services. Its removal allows MiCA‑licensed firms to serve Hungarian clients without a separate national regime, and CoinCash announced it will resume operations under supervision. following the change. Together, the licensing of a leading broker and the legislative overhaul signal overhaul—including the repeal of the validator mandate—signal a concerted effort to revive Hungary’s crypto sector, attract investment, and bring the market into compliance with broader European standards.
Versions
- 2026-07-29 15:31 UTC Hungary crypto regulatory progress
- 2026-07-28 18:34 UTC Hungary crypto regulatory progress
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