New blow to Hungary's crypto scene: Two additional providers pull out of the country!
4 Articles
4 Articles
New blow to Hungary's crypto scene: Two additional providers pull out of the country!
Citing changes to the regulatory environment, Strike is effectively withdrawing from Hungary with immediate effect, according to RevB. The popular Bitcoin trading application informed its users in a message sent on Thursday morning. Hungarian lawmakers amended the rules governing cryptocurrency trading and the handling of crypto assets at the end of 2025. From this year onwards, such activities may only be carried out with the involvement of a s…
Strike announced on Thursday morning that the popular Bitcoin app is essentially withdrawing from the Hungarian market, citing the changed domestic regulatory environment. Trading will cease as of tomorrow, January 9, 2026, reports RevB.hu.
The popular Bitcoin app is essentially withdrawing from the Hungarian market, citing the changed domestic regulatory environment. Trading will cease as of tomorrow, January 9. Hungarian users will therefore have less than 24 hours to actively manage their positions within the app. Starting tomorrow, the “Buy” and “Sell” buttons will become inactive, and the app will be degraded to a simple wallet, from which you can only withdraw money.
Revolut’s Hungarian license highlights trade-offs of becoming a real bank
The freshly MiCA-licensed Revolut announced instant crypto purchases directly to Binance’s Trust Wallet across Europe in December 2025, signalling that regulated crypto services supply is beginning to catch up with growing consumer interest. Yet within the same week, all Revolut crypto accounts in Hungary were closed following local regulatory tightening. This move coincided with Revolut recently receiving approval from Hungarian central bank Ma…
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