Hungary Eases Crypto Regulations Following EU Alignment

Hungary's government has taken steps to relax its stance on cryptocurrency regulations, sparking hope among industry players that the country will become more attractive to investors. The move comes as a response to the EU's increasing focus on digital policy and e-governance models.

According to officials, the new administration aims to align with Estonia's e-governance model, which has been cited as a reference point for Hungary's regulatory overhaul. This shift is expected to reduce the competitive disadvantage faced by local crypto firms compared to their peers in more permissive jurisdictions.