Foreign media: Hungarian opposition leader wins election, potentially overturning previous strict encryption regulations.

PANews reported on April 13 that, according to BeInCrypto, the pro-EU Fidesz party, led by Hungarian opposition leader Péter Magyar, won the election, ending Viktor Orbán's 16-year rule. This could overturn Hungary's previously implemented strict crypto regulations.

During Orbán's administration, Hungary implemented a strict "verification" system, requiring exchanges to obtain special certifications and imposing criminal penalties for violations. These measures were widely considered to exceed the harmonization scope of the EU's MiCA framework, and the European Commission has filed an infringement lawsuit against Hungary. The new government led by Magyar is expected to remove these additional restrictions, resolve the dispute with the EU, and restore regulatory clarity. Platforms such as Revolut, which suspended its Hungarian crypto services during the 2025 regulatory crackdown, may re-enter the market if the obstacles are removed.

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Author: PA一线

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