Hungary Scraps Strict Crypto Rules and Moves Closer to the EU’s MiCA Framework

Hungary has repealed some of its toughest national crypto rules. Removing requirements that crypto-to-fiat and crypto-to-crypto conversions undergo a special validation process before being considered legal.

The Hungarian parliament also eliminated related criminal-code provisions that could have imposed prison sentences of up to eight years for certain violations. The changes follow industry concerns that Hungary’s additional requirements created uncertainty and went beyond the EU-wide Markets in Crypto-Assets (MiCA) framework. By removing the national layer. Hungary is shifting toward a more harmonized European regulatory approach. Potentially making it easier for MiCA-authorized exchanges and crypto businesses to operate in the country. The move highlights a broader challenge for Europe. Ensuring individual countries do not introduce conflicting rules that undermine MiCA’s goal of creating a unified crypto market across the EU.

Clever Robot News Desk 20th July 2026

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