PANews reported on June 8th that, according to Cryptopolitan, Hungary's newly appointed Minister of Science and Technology, Zoltán Tanács, announced on June 6th that unreasonable restrictions on the cryptocurrency market would be lifted, reversing policies of the previous government, including criminal penalties for unauthorized crypto services. Rules that came into effect in July 2025 led to the withdrawal of platforms like Revolut from the Hungarian market, and local companies bore high compliance costs. Tanács, who will take office after the formation of a new government in May 2026, believes these rules are politically motivated. The new government also plans to amend the cybersecurity audit regulations under the NIS2 directive, with approximately 4,000 Hungarian companies facing a compliance deadline of June 30th. Hungary is seeking to emulate Estonia's digital governance model, positioning itself as a supporter of the EU's MiCA framework.
Hungary's newly appointed Minister of Science and Technology announced the removal of unreasonable restrictions on the cryptocurrency market.
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Author: PA一线
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