Report: Hungary Drops Criminal Penalties for Crypto After Orban’s 16-Year Rule Ends

Scenic view of the iconic Hungarian Parliament Building along the Danube River in Budapest. Hungary’s new government revealed this week that it will fully decriminalize cryptocurrency trading and dismantle the punitive regulatory framework imposed under former Prime Minister Viktor Orban, removing jail sentences of up to eight years for ordinary users and providers, according to Bloomberg. A Sharp Reversal After One Election The Bloomberg report follows the April 12, […]