Wu Blockchain (@WuBlockchain): Hungary has enacted strict new cryptocurrency laws effective July 1, criminalizing “unauthorized” crypto trading with penalties of up to 5 years in pr…
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Hungary has enacted strict new cryptocurrency laws effective July 1, criminalizing “unauthorized” crypto trading with penalties of up to 5 years in prison for individuals and 8 years for service providers. Revolut has suspended crypto services in Hungary. The sweeping law, lacking implementation guidelines, puts 500,000 Hungarian citizens at risk. https://t.co/8hl295zy3t