Hungary's new crypto regulations impose harsh penalties for unauthorized trading and exchange services, sparking confusion.
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Hungary's new crypto laws impose prison sentences up to eight years for unauthorized exchange operations, causing major platforms to suspend services.
Hungary's new laws impose prison sentences up to 5 years for using unauthorized crypto exchanges and 8 years for operators, forcing platforms to suspend services.
Comparisons to what happened in Turkey and Hungary are not far-fetched.
Hungary, a Central European country with a population of over 9.5 million, has introduced strict laws criminalising trading on an "unauthorised crypto-asset exchange service" and imposing jail term ...
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