Crypto Crackdown: Hungarians Face 5-Year Jail For Unauthorized Digital Asset Trading

Description

Hungary has taken a hard line on crypto trading. On 1 July 2025, the country’s updated criminal code kicked in. Anyone caught trading on an unlicensed crypto‑asset exchange could face jail time. That applies even if a trader swaps just HUF 5 million (about $14,600) worth of tokens. Hungary is now one of the strictest places in Europe for private crypto users. Strict Penalties For Crypto Traders According to the new code , anyone swapping between HUF 5 million and HUF 50 million on an unauthorize...