Hungary Ditches Mandatory Crypto Validation Requirement

Hungary is poised to make significant changes to its cryptocurrency regulations, which could boost domestic activity and attract new market entrants.

The country plans to eliminate the mandatory validation requirement, forcing every crypto-to-fiat or crypto-to-crypto conversion to be reviewed by a validator supervised by the Supervisory Authority for Regulatory Affairs of Hungary (SZTFH).

This rule had created significant legal uncertainty because it took effect on July 2025 before any functioning validator market existed, with the first provider not appearing until December 2025.

Several major international platforms, including Revolut, CoinCash and eToro, restricted or halted services in Hungary due to the additional national requirements beyond the EU's MiCA framework.