Hungary to Lift Crypto Trading Ban Following EU Pressure

WHO:

Cointelegraph - Hungary’s government is involved in the decision to unwind crypto trading restrictions.

Techmeme - The decision follows actions taken under former PM Viktor Orban.

WHAT:

Cointelegraph - Hungary will reverse crypto trading restrictions that required approved validation for conversions.

Techmeme - Hungary plans to decriminalize crypto trading, which had previously prompted companies like Revolut to suspend services.

WHERE:

Cointelegraph - The actions are taking place in Hungary.

WHY:

Cointelegraph - The reversal of restrictions comes after scrutiny from the European Union.

HOW:

Cointelegraph - The previous restrictions exposed users and service providers to criminal liability.

(UPDATED June 11, 2026 16:25 UTC)

Hungary's government is set to unwind crypto trading restrictions that previously required approved validation for conversions, a move that follows actions taken under Viktor Orban's leadership. The country plans to decriminalize crypto trading, which had led companies like Revolut to suspend their services due to the risk of criminal liability. This decision comes after scrutiny from the European Union, signaling a significant shift in Hungary's approach to cryptocurrency.