Hungarian Parliament building in Budapest with subtle digital crypto elements
Bitcoin News

Hungary scraps mandatory crypto checks as first MiCA license is granted

Hungary has repealed a controversial requirement for third-party validation on cryptocurrency conversions, marking a significant policy reversal as the country’s first license under the European Union’s Markets in Crypto-Assets (MiCA) regulation was granted to local platform CoinCash. The moves signal a shift toward alignment with broader EU crypto rules after a period of market disruption. […]